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Jun 28, 2024
11:42
:24
pm
BlooCoug
Intervention Needed
Sure, most of those owners are paid in equity. Those who aren’t probably dump
the business in short order.
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BlooCoug
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BlooCoog
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BlooCoug
Joined
Aug 27, 2011
Last login
Jul 7, 2024
Total posts
29,251 (83 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
Ray Shoesmith
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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