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lukasschwab | 5 months ago
I think of Jeffrey Pfeffer's "social contagion" arguments a lot — first with regards to layoffs[^1], but increasingly also to RTO policies and tracked AI use.
It seems very unlikely execs (esp. in small organizations) are taking the time to read and seriously evaluate research about RTO or AI and productivity. (Frankly, it seems much less likely than them doing serious modeling about layoffs.) At some point, the "contagion" becomes a matter of "best practices" — not just a way to show investors what you're doing, but part of the normal behavior shareholders expect.
Bleak if true!
[^1]: https://news.stanford.edu/stories/2022/12/explains-recent-te...
devnullbrain|5 months ago
And for each CEO, those shareholders are mostly the same people.
It's easy to get sucked into thinking this is just the way the world works but really we've just enshrined a local and temporal phenomenon. Layoffs aren't a physical law. There are places and times where this would not happen.
Let me put my investor hat on: hiring at the top and firing at the bottom is a predictable inefficiency and represents a CEO failing at their responsibilities. You don't get to be a CEO and claim ignorance of market cycles.
Schnitz|5 months ago