Is this similar to Amazon’s PIP? https://trib.al/fQW7JRn?fbclid=IwAR2t_BybKkmrQk9sQc3-9v77SnwOVN9UQUzPMAjLhw9N9pc9HSgfSXPb-_M
I think this year we'll be seeing more of that from every company to essentially be a second round of layoffs.
100%, that’s going to be the silent second round.
At Google too ?
Yep, even 3rd /4th round when fed rates cross 6%. Actually you will soon witness a large outflow of funds from stock market ..
That’s what the Powell stated few months back. They need to reduce the demand, aka increasing unemployment.
This is like layoff without severance.
We give severance for these.
Bezos bought Uber?
Bezos looks like an angel to give PIP first and a choice for severance.
Execs are taking full responsibility for over hiring. They are now finding excuses to let people go.
This is exactly like Amazon's pip culture
Well, we did fill most of our director/VP roles with senior managers from Amazon 🤦♀️
We need to fire some middle managers while we’re at it.
Good