Posting as :
works at
You are currently posting as works at

Implement a 'Corporate Performance Tax' that hits companies pre-tax (pre-dividend) profits if they make staff redundant in certain circumstances. Hit the shareholders in the wallet at a higher rate than it would be to keep staff on. Obviously not in every scenario though, as sometimes a company has to cut weight to survive, but not when the shareholder profit isn't cut first.

like

Maybe enforce some type of rule that cuts have to come from the top-down first? If leadership gets to enjoy the lion's share when business is good, then it only makes sense that they should be the ones to pay the price if their leadership fails the company during tough times.

like

You dont do anything. Capitalism works best when there minimal to no government intervention.

"The restructuring – the third Wayfair has implemented since summer 2022 – is expected to save the company about $280 million, it said"

Since they've already laid off many non-management, management positions have become redundant.

like

Related Posts

I’m quitting my job tomorrow morning. I don’t have a new job lined up. I’m scared, but also excited? I’ve felt under utilized for months, and haven’t had a promotion after two years. I never take risks like this, but life is too short. Is this a bad choice?

likeupliftingsmarthelpful

What’s the most diabolical exit you or a colleague has had from a company? For context, I’m not talking necessarily on bad terms - just a savage exit that’s all

likefunnyhelpfulupliftingsmart

Utilization director told me today that the layoffs won't affect me. My heart goes out to everyone that had to hear otherwise. Here's to hoping y'all find something better and prosper.

like

We’re in such a vicious business. You give your heart & soul to an agency, a client, a brand. Then the wind changes & you’re laid off, reassigned, chewed up, spit out, on to the next. I’m tired.

like

Lowe's I am selected in Lowe's India as an Associate Software Engineer, I am currently serving my notice periodin current organisation. Shall I consider joining lowe's india, considering current layoff and recession going on in market?

like

Just got laid off do I need cobra? I plan to hopefully have a job soon

like

I know this doesn’t count as an interview, but overall professional advice needed:
Any tips on asking for better severance pay?

like

Does your firm find out why you failed a clearance ? Asking bc I got fired from my first job out of college a couple years ago and didn’t report it on it company background check. I’m afraid if I fail my public trust, my current firm will find out and fire me for not reporting it on my prior employers.

like

Was laid off in Sept. Unfortunately we will be seeing many more coming. It's what happens in a recession. Unfortunately I now also have my age against me. Not in a mentally good place at the moment.

Do you think remote hires are less safe when layoffs come or is that an old school mentality?

like

Should people be fired for lack of people skills?

like
like

Hi, received an offer from another Big4 in Amsterdam (currently working in Eastern Europe), but relocating, I’m concerned about potential layoffs in the coming period being the last to join the team.

NDAs - signed my first one as a part of a severance agreement. thinking about leaving an honest review for this company, but unsure about the liabilities that come with this. (NDA mentioned no defamation) leaning on the side of letting it go, but this employer sucked BAD and i want others to know. ik its hard to give a straight answer bc it depends on the agreement, but wheres the line between bad mouthing vs your honest experience?

like

Is there a risk of accepting a role with Upstart currently? I seen a 7% layoff recently for hourly employees but I would be salaried. I am well aware it’s a risk in tech overall right now but curious on thoughts thanks!

likeuplifting

Is anyone expecting agency layoffs at the moment?

like

Is it good to hpe seeing current layoffs. Is there good work life balance? Job security?

like

Fishes need ur help...my friend s been laid off without notice...any quality analyst jobs please let me know....would be really grateful 2 u all...

layoff news about Amazon is true or just a rumour ?Amazon

like

Ratings on three projects - 3,2,2. Utilization - 90%... Proposal hours - 15... Firm activities - 43 hrs... I then get a YE rating of 4 😕 ... How worried I should be regarding the layoffs???

like

More Posts

Have you ever felt uncomfortable treating a patient? I don't feel unsafe, and the patient isn't making me uncomfortable physically or anything, I am just seriously disturbed by the discussions we're having about what they're going through. I've been working at this hospital 4 years and this is the first time this has ever happened. Is it wrong to consider asking for a transfer?

likehelpful

Considering moving from BD/Partnerships in tech to Corporate Development. Has anyone here done it? Did you like the switch and do you have any pointers on getting in

like

What do you do when you have down time at work?

like

Can you practice for leetcode without knowing how to code?

like

Why do clients always think I should be able to double their ROI right away... it takes time folks, and putting extra pressure on the marketing team does not make us faster

like

Meetup for drinks? Anyone? We’re trying to establish a social cohort, if interested raise your hand.

like

Do you guys use Mattress toppers to cool yourself down at night? What are the best Mattress toppers on the market now? I tend to be warm at night and looking for some recommendations. Thanks!!

likehelpful

Anyone else struggle immensely with the lack of sunlight this time of year? Been an issue my whole life growing up in New England, but working FT and remotely have only exacerbated it :/

like

Getting ready to quit and I’m scared as heck!! But I feel like it’s now or never to follow my dream of taking a gap year to backpack the world!! Dealt with a lot of pushback and concern but this is it

like

Anyone change their skin care routine during pregnancy? Favorite products / things to avoid (I know retinol)

like

What games, toys, or science kits would you recommend for a kid who’s showing an interest in the sciences?

like
like

Reading Untamed by Glennon Doyle and I want my own Abby!!! Sigh.....

like

For a second I thought this was WarZone (the new Warlight game).... check it out really interesting game too

Does anyone have any fun online games to play with the team for well-being breaks?

like

Thursday Wordle

Wordle 474 2/6

⬛🟨⬛🟩⬛
🟩🟩🟩🟩🟩

smartlike

Italian Peppers, pasta, wine 😃🍝🍷l

Post Photo
like

Just moved to the city and I'm excited to get out and try some new restaurants. What's your all-time favorite spot to grab a bite in Charlotte? (Bonus points if you can tell me what makes it awesome!)

like

Anyone who resigned recently from IBM GBS. Can you please help me how to initiate separation using workday. I am not getting any option in workday.
IBM

like

Additional Posts in Student Loans

LCSW 50k loan repayment- Has anyone been granted a contract through the National Health Service Corps Loan Repayment Program? I’m interested in applying for the 2 years of full time work as an LCSW but my loans are a bit under 50k so I’m wondering if they would only give me what I need to clear my loans or would I still get 50k as long as I complete my contract ?

Curious to know how much your student loans were when you graduated from your program, how much you’ve paid off so far, and your age. If you have any varying factors too, like kids, income range, etc. Just trying to see if I’m on track or slacking in life. I am 34 yo, i graduated with 95k in student loans, i currently have 85k left and i make 85k in come. I’m also a single mom with two kids. Just praying for 100% student loans forgiveness. Wishful thinking???

like

Not mad that student loans being paused means I can use the money for Christmas. Are you still making payments during the pause? Or are you saving the money for something else. My christmas present to myself is a spa day!

like

If you didn't have to pay off any more of your student loans what would you use the money for instead? I'm stuck between something impractical like a trip somewhere or something I need like a new car lol

like

Are you doing what you thought you would be when you took out your student loans? If so, do you feel like taking out your loans was worth it?

likefunny

In a perfect world how much would you want to make a year to both pay off your loans and live a good life? I think I'd need to make upwards of $200k to pay off my loans, take care of my family and live a fulfilling life.

like

Damn LIBOR rate up again...

Can grad students get $20k forgiven if they got Pell in undergrad but outstaning loans are only for grad school?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal