{ "media_type": "text", "post_content": "What would a company’s rationale be for announcing layoffs just before the holiday??", "post_id": "61afbc57512088002e084b25", "reply_count": 20, "vote_count": 1, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting" }

What would a company’s rationale be for announcing layoffs just before the holiday??

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I don’t agree with it, but if you remove the holiday from the equation, the rationale likely becomes apparent

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Yeah it’s either the end of the quarter or the end of the FY, it’s that simple. It’s a jerk move, but from an accounting perspective it makes sense.

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This just sums up that you could be a technical genius and still lack empathy and common sense of dealing with humans and their basic problems Investors don’t care about these so these companies never had reason to improve

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Hopefully this triggers an internal implosion that impacts the investors in a negative way

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Goddamnit. I hate corporate America.

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Taking longer costs more to the bottom line

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Had a client that argued early December was more humane than waiting until January after their folks had rung up big holiday bills. Had a point.

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No, more like they just wouldn’t spend

Money. Not for the firm, but for the 2-5 people who make the decisions for the thousands that work there

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Deloitte recommends it

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They enjoy reminding the world just how despicable and desperate they are

Did this happen somewhere?

Just looked it up. Yikes what a low blow.

Bonus based on run-rate (not in-year) savings goal

The CEO is a sociopath

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Hope you all have a great Holiday!

Really looking forward to my upcoming vacation time and the moment I get a message saying if I could reschedule my time off because “everything is hot right now”.

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