better.com fiasco
Layoffs are a part and parcel of corporate America. Not many companies are immune to them. It's a great way for employers to save costs and improve their balance sheet without improving anything fundamentally. It's also a tacit admission by an employer that they were not diligent at hiring, operations, management - but of course the cost for these failures are often paid by the employees and not the management itself. Atleast not directly - in most cases. Can a company avoid layoffs? Most definitely - it requires you to plan your operations rigorously, have a clear roadmap for your employees, have good line managers who are able to estimate resources based on customer needs, product roadmap, company finances. Sounds hard? Yes - it certainly is. What is the easy way around this hard work? Hire on a whim, then when the work is done or projects dry up, blame the employees for not being productive and fire them. What if you hired contractors for the duration of the project inste...