The Layoff Dopamine Hit
Slate Money
00:00
The Zirpy Layoffs in the Tech Industry
Tech companies hired enormous amounts of people over the last few years for reasons that you said they're little consequences for doing so. When growth fails to materialize, "I've got nothing for these people to do, I better get rid of them" Some companies are using things like furloughs or retraining people and shifting them to other parts of the company. There are alternatives to layoffs, particularly if you look out beyond this quarter or these six months.
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