Re: Layoff logistics and etiquette

Subject: Re: Layoff logistics and etiquette
From: Bruce Byfield <bbyfield -at- axionet -dot- com>
To: "TECHWR-L" <techwr-l -at- lists -dot- raycomm -dot- com>
Date: Mon, 22 Oct 2001 18:20:00 -0700

jarnopol wrote:

My point is, wouldn't you think that the powers that be knew they were in trouble 6 weeks before they laid off 25% of the staff? And if they did, why were they still hiring staff??

Not necessarily. Just because someone is in management doesn't mean that he or she is capable or has foresight. I shouldn't know; I've been there.

More importantly, the situation can change quickly, even for a prosperous company. For example, three years ago, I was working for a company that was a leader in its field in Canada. After six months of being begged to join the company full time, I finally agreed. About the same time, a downturn in the Asian economy caused an investor who owned 20% of the company to decide to sell his stock. The company could buy him out, but only by dropping the last ten people hired from the payroll. As a result, two weeks later, I was laid off.

No big deal - the company's offices were in a part of town I consider unsavory, and the salary wasn't the greatest. But I was left with mental whiplash at the quickness of the turnaround, allthe same.

Bruce Byfield 604.421.7177 bbyfield -at- axionet -dot- com

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