this post was submitted on 01 Jul 2026
232 points (98.7% liked)
Technology
85964 readers
4125 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related news or articles.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 3 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
A while back I worked for a company that liked to pull the "lets lay people off right before earnings reports to make the stockholders happy" and then call them back after the shareholders meetings..
They found, after a few cycles of this, that when they did that, the top 30% of employees laid off would have already found other jobs by the time they were recalled.. They also found that a few cycles of culling the top 30% means after a while your entire workforce is largely worthless, add to the fact that now you have to hire new people and train them...it ended up costing more money than it made them... (but they didn't care, because the share value boost was all they wanted, so they could personally sell high after the bump and enrich themselves..
I work for a company now that values and celebrates employees with long tenures.. They see it as a sign of health in the company (which it is) and celebrate the number of 10+ year veterans employed by them..
I got lucky finding this place. :)