Never laying off is abdication of leadership & harms the biz long term. Twitter

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Jun 28, 2024
9:26:02pm

Forzaitalia All-American

Never laying off is abdication of leadership & harms the biz long term. Twitter

was losing money hand over fist and probably headed for bankruptcy before Musk did the adult thing and got rid of lots of dead wood. It's painful and no fun for anyone but bankrupt businesses ultimately throw productive and unproductive employees out of work w/o much severance for anybody.

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Forzaitalia

Bio page: Forzaitalia
Joined: Sep 16, 2019
Last login: Jul 2, 2024
Total posts: 9,339 (7 FO)

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Messages

Author

Time

Had to layoff 25 people today. Mandated cost cutting. Sometimes work just sucks

txblue

Jun 28, 6:36pm

Are these jobs ones that they can easy replace?

SBB

Jun 28, 6:37pm

Doubtful in this economy. It's brutal out there right now.

BYUtka

Jun 28, 6:38pm

We’re hiring (dental industry) at $35/hr plus full benefits & can’t get decent

BYUfan92

Jun 28, 6:56pm

What qualifications? I know multiple people in Tech having no luck.

BYUtka

Jun 28, 7:09pm

2 or more years of medical or dental mgmt or billing experience

BYUfan92

Jun 28, 8:59pm

That seems extremely specialized. Not surprising there aren't many out there.

BYUtka

Jun 28, 9:47pm

Most every dental or medical office have billers - some hospitals have

BYUfan92

Jun 29, 12:23am

Some industries aren't as affected by downturns.

TailgateU

Jun 28, 7:48pm

Agreed. Some industries right now are just booming it seems - others not so much

BYUfan92

Jun 28, 8:58pm

Had to do this 4 weeks ago with a woman who is an immigrant from Africa, sole

UNLVcougar

Jun 28, 6:41pm

What line of business?

Coug98

Jun 28, 6:43pm

Presidential debate prep

garyfan

Jun 28, 6:55pm

RE: Presidential debate prep

TailgateU

Jun 28, 7:49pm

Which side?

NYC and Japan

Jun 28, 11:07pm

Specialty finance in the banking arena

txblue

Jun 28, 9:04pm

I hate that companies lay off on Friday. Do it Monday.

JamieTartt

Jun 28, 7:00pm

Yup. It was originally planned for Monday, then moved to Friday. Corporate

txblue

Jun 28, 9:06pm

Moved from Monday of next week to Friday of next week? If so, it is to

viper

Jun 29, 10:28am

I gave working notice through 10/1 so they got benefits through 10/31 either way

txblue

Jun 29, 11:18am

More important is don't carry out layoffs right before Xmas & Thanksgiving.

Forzaitalia

Jun 28, 9:18pm

There isn’t silver lining in layoffs, but I do appreciate when companies do it..

Lefty24

Jun 28, 10:51pm

Employees are just pawns in the owners’ hands. Sad but true. They are typically

BlooCoug

Jun 28, 7:10pm

People quit WAY more than they are laid off in the US. The idea that it's so one sided is an anti free market trope

CSoul

Jun 28, 7:17pm

Never laying off is abdication of leadership & harms the biz long term. Twitter

Forzaitalia

Jun 28, 9:26pm

Owners have to make tough decisions. When taking business advice, first ask if

Shawarma

Jun 28, 7:26pm

The answer to that question is yes. I paid two people today in fact.

BlooCoug

Jun 28, 9:20pm

I'm sorry you view your employees as pawns

Dryfire

Jun 28, 10:18pm

Did I say I personally think they are pawns? No, the context is that the

BlooCoug

Jun 28, 10:25pm

That's a piss poor way to view business. Employees aren't pawns and the owners

Dryfire

Jun 28, 10:41pm

I admire your altruism. And I agree with you that an owner should treat his

BlooCoug

Jun 28, 11:47pm

Unions create and reinforce adversarial relationships between the employer and

Dryfire

Jun 29, 6:41am

My business is too small for unions, but in some large businesses and some

BlooCoug

Jun 29, 10:58am

There are a lot of “kings” out there who work more hours and make less than

Shawarma

Jun 28, 11:29pm

Sure, most of those owners are paid in equity. Those who aren’t probably dump

BlooCoug

Jun 28, 11:42pm

It isn’t something employers typically enjoy doing.

Dryfire

Jun 28, 7:29pm

No kidding. And the employees enjoy it even less.

BlooCoug

Jun 28, 9:15pm

Not always. Top performers often have standing offers from other companies that

Dryfire

Jun 28, 10:16pm

I agree. What I hated about being an employee was someone else having the

BlooCoug

Jun 28, 10:21pm

You could also quit at a drop of a hat. The power dynamic is often dependent on

Dryfire

Jun 28, 10:31pm

My business is not adversarial. I think maybe you’re misunderstanding the

BlooCoug

Jun 28, 11:56pm

It’s obvious you don’t believe in mistreating your employees. The vast

Dryfire

Jun 29, 6:28am

I don’t think my chess board metaphor reinforces false narratives. I think

BlooCoug

Jun 29, 11:11am

It’s right at home with the apprentice reality tv show.

Dryfire

Jun 29, 12:48pm

Own a business and get back to us. Better to cut 5 than let 15 lose their jobs..

jrifkin48

Jun 28, 7:47pm

I do. Firing people sucks. But it’s worse for the people who are fired than the

BlooCoug

Jun 28, 9:16pm

That's because the owner is the last one standing with their name on the LLC

jrifkin48

Jun 29, 12:17am

As an employer, who works with many other small biz owners, that’s not my

BYUfan92

Jun 28, 9:11pm

I didn’t say business owners were jerks. I said they have all or most of the

BlooCoug

Jun 28, 9:18pm

You said they are typically powerless with little or leverage & are pawns. Not

BYUfan92

Jun 28, 9:56pm

I'm on the corporate behemoth world. Good employees have a lot of leverage here

txblue

Jun 28, 10:08pm

Same and agree

Jun 29, 9:03am

“Some” leverage is the key word there. The best employees will have some

BlooCoug

Jun 29, 3:07am

Business owners in the US with like 3% unemployment (2% or 1% for many types of jobs) do not have all

CSoul

Jun 29, 12:10am

Also, small businesses are different. When the owner actually knows the employee

Powerbait DPM

Jun 28, 10:00pm

I am sorry. That is a real bummer

Courtimedes

Jun 28, 7:24pm

I used to do employment law. Sucks taking a person’s livelihood, even when they

DwigtA2RM

Jun 28, 7:42pm

<< Deleted >>

Forzaitalia

Jun 28, 9:04pm

Worst part of being a leader but inescapable if you're doing your job right.

Forzaitalia

Jun 28, 9:06pm

Yep. I actually believe that a healthy org requires regular pruning that doesn't

txblue

Jun 28, 9:40pm

I hate firing people so much it has stopped me from hiring many times.

DirtyWater

Jun 29, 2:51am

How was the severance package?

Odysseus

Jun 29, 2:17pm

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