I am young in my career so this is all new to me. I have heard that reputational damage is the biggest negative of layoffs like at Airbnb, lyft, and uber so that when a company rebounds it will struggle to win top talent again. other effects: - More attrition because current employees are scared they are next - Perception company is lower tier from being higher risk so candidates less likely to accept offer over other companies - lower hiring bar? Anything else I missed? YOE: 1.5 TC: $120k #career #tech
Tbh it’ll probably allow Uber and Lyft to become profitable. Airbnb is going to have a lot of money problems. No ipo for another 3-5 years. Also Airbnb will be less attractive cause their stock has no upside at this point.
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Modi 3.0- Top priority?
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I haven’t done shit today!
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Heard congress distributing wealth
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Worried that our top performer is an attrition risk. How do managers handle this?
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Avoid teams with only Chinese or Indians especially with a Chinese/Indian manager
internal politics, tensions and back stabbing as people want to save their own ass and not to be the next who is booted
All good points