groupon layoffs
There's no reason a company like Groupon needs 3675 employees. There's no reason a company like Twitter even needs 3675 employees. Instagram got acquired by Facebook when it had 13 employees.
There is no reason a company like Groupon should still be in business with all due respect
what exactly do they do???
Think about it IG 13 people probably had 9 devs and testers. 1 lead, 1 manager, 1 business/sales/marketing person, 1 accounting/tax/payroll. Fast forward: add layers upon layers of PMs, directors, VPs, recruiters, HR, DEI, government relations, bloat bloat bloat
That is why Zuck is talking about laying off some of those layers
You run in to a possibility of obsoletion if you don't keep reinventing and rolling out something new. You need people for that.
Ha!! Ok, I’ll play: There is no reason a company like American Express needs 64,000 employees! Layoffs should start immediately.
Hi Powell
Groupon have sales team which is much huge than tech presence
Wth does 64k employees do at amex
Once you become large enough (no longer a startup) you need to at least triple in size from what is actually required. Why? Because people quit. A public company with shareholders needs to have a diverse development team that spreads out institutional knowledge so that no one becomes critical to the business. Companies have failed because they didn’t understand that. Now, as you do grow that 3x multiple shrinks, but a manager always needs to keep critical man criteria in the back of his head when building out a team and giving out assignments.
Sure they don't need 3675. But they might need half of that to at least efficiently run the current structure. Keep in mind layoffs were 80%
No one asked you. Why you're annoyed by people having jobs?