Comment on In 2021, my company laid off 100 people. Later that same year, they hire me and others to replenish this loss
This is good insight, thank you.
It seems to me this is all a stalling tactic for unprofitable companies. Is that correct?
Not necessarily. I witnessed this firsthand at a company that was actually VERY profitable, just not as profitable as Wall Street had expected.
When a company underperforms, the first place C-suite looks to cut is headcount.
Humana@lemmy.world 1 year ago
Not necessarily. I witnessed this firsthand at a company that was actually VERY profitable, just not as profitable as Wall Street had expected.
When a company underperforms, the first place C-suite looks to cut is headcount.