2026-04-16 15:53 UTC
Soft firing without having to pay severance. That makes their quarterly numbers look better, which in turn makes stocks and thus their compensation package go up.
Of course it will probably kill the company in the long run, but by then the board will have elected a fall guy to blame and they will all jump out with their golden parachutes, leaving the rest of you to burn.
Replies (1)
-
@saltnotsugar@lemmy.world 2026-04-16 15:58
Yea I’ve seen this but it’s an insane tactic. This targets the people who have options and are talented. They’re also impossible to replace since even a perfect new hire won’t have the 20 years of company experience that the old employee had. I guess most companies today don’t actually care about their own company.