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

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Jun 28, 2024
7:47:12pm

jrifkin48 All-American

...a month later when the business fails.

This message has been modified

Originally posted on Jun 28, 2024 at 7:47:12pm

Message modified by jrifkin48 on Jun 28, 2024 at 9:05:41pm

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jrifkin48

Bio page: jrifkin48
Joined: May 7, 2011
Last login: Jun 30, 2024
Total posts: 28,239 (1,316 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?

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