(no title)
dalton
|
6 years ago
That's a fair point, and there are a number of situation dependent factors. I wrote this letter to myself because I know what I would do differently 12 years ago and I have the benefit of hindsight now. Obviously the crisis is different today, we didn't have a pandemic in 2008, there is definitely no one-size-fits-all advice, and every company needs to be figuring out the right thing to do right now. But keep in mind what ended up happening 12 years ago is that everyone lost their jobs. The letter is my thoughts about what could have prevented that outcome back then, at least partly.
echelon|6 years ago
> I wrote this letter to myself because I know what I would do differently 12 years ago and I have the benefit of hindsight now.
> keep in mind what ended up happening 12 years ago is that everyone lost their jobs
That's my fear for this pandemic, too. It's a really awful situation.
Stay safe.
taurath|6 years ago
popinman322|6 years ago
Alternatively:
If the business goes under, all employees will suffer. If some are laid off and the business continues to survive, those that make it will be spared.
So from a harm reduction point of view, laying nobody off is probably worse than laying some people off.
Even if you reduce pay, people may not be able to afford housing even though they're still working for you (e.g. in the bay area). And health benefits still cost the same even if you reduce other employee associated costs.
Things are not as simple as (I'm interpreting) you're implying they are. It's not black and white, and the decision needs to be made on a case by case basis.
Aeolun|6 years ago
Is all going down together a better outcome?