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Are Layoffs Even Worth It? | Logically Answered
Are Layoffs Even Worth It?
Earn Cash Back On Stocks: Up To $5,000 Per Year
https://www.silomarkets.com/logic
Over the past several months, companies have laid off hundreds of thousands of tech employees all with the goal of increasing profit margins and efficiency. But, they’ve also been handing out insane amounts of severance like 26 weeks of base salary and stock comp. This often adds up to over $100,000 for each employee, not to mention for senior employees like managers and directors. Combine this with the fact that these tech companies already have insane rates of turnover and you get the following question: are layoffs really worth it? Well, financially speaking, the answer is no for most companies as the savings due to layoffs are usually marginal. Most companies could’ve just frozen hiring for 6 to 12 months and ended up in the same position without a bunch of bad PR. But then, why did companies go ahead and do layoffs anyway? Well, the primary reason is pressure from large investors to take action and increase efficiency. This video explores how much money was saved by conducting layoffs and if layoffs were actually worth it.
Earn Interest From The Government & Top Corporations:
(iOS App for US Residents)
https://www.silomarkets.com/waitinglistpage
Free Weekly Newsletter With Insiders:
https://logicallyanswered.co/
Socials:
https://www.instagram.com/hariharan.jayakumar/
Discord Community:
https://discord.gg/SJUNWNt
Timestamps:
0:00Severance
2:06Cost Savings Debunked
5:24Alternatives To Layoffs
8:47The Real Reason
Resources:
https://pastebin.com/y2yiD13v
Disclaimer:
This video is not a solicitation or personal financial advice. All investing involves risk. Please do your own research.
https://www.silomarkets.com/disclosures
Logically Answered is centered around explaining the economics of tech and social media. These sectors are generally analyzed through the lenses of finance and economics to determine which industries and companies will thrive and which will fall. In addition to this analysis, the content is often focused on the stories of various famous entrepreneurs such as Elon Musk, Steve Jobs, and Jeff Bezos. Logically Answered also cover the rise and fall of several interesting companies and services that we come across on a daytoday basis. There have been so many companies that have risen to fame and then died out in a single generation. The most interesting companies are the ones that were able to save themselves and avoid bankruptcy. Feel free to follow the podcast if you would like to see any of these topics Logically Answered.
Find Logically Answered on YouTube: https://www.youtube.com/@LogicallyAnswered/
Disclaimer: This podcast is an independently created audio adaptation of content originally published by Logically Answered. This is a fan made podcast that appreciates the channel’s insightful approach to knowledge and aims to make it accessible to those who prefer listening over watching. This podcast is not affiliated with, endorsed by, or officially connected to Logically Answered in any way. All rights to the original content belong to Logically Answered. If you have any concerns, please reach out.
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By Logically AnsweredAre Layoffs Even Worth It?
Earn Cash Back On Stocks: Up To $5,000 Per Year
https://www.silomarkets.com/logic
Over the past several months, companies have laid off hundreds of thousands of tech employees all with the goal of increasing profit margins and efficiency. But, they’ve also been handing out insane amounts of severance like 26 weeks of base salary and stock comp. This often adds up to over $100,000 for each employee, not to mention for senior employees like managers and directors. Combine this with the fact that these tech companies already have insane rates of turnover and you get the following question: are layoffs really worth it? Well, financially speaking, the answer is no for most companies as the savings due to layoffs are usually marginal. Most companies could’ve just frozen hiring for 6 to 12 months and ended up in the same position without a bunch of bad PR. But then, why did companies go ahead and do layoffs anyway? Well, the primary reason is pressure from large investors to take action and increase efficiency. This video explores how much money was saved by conducting layoffs and if layoffs were actually worth it.
Earn Interest From The Government & Top Corporations:
(iOS App for US Residents)
https://www.silomarkets.com/waitinglistpage
Free Weekly Newsletter With Insiders:
https://logicallyanswered.co/
Socials:
https://www.instagram.com/hariharan.jayakumar/
Discord Community:
https://discord.gg/SJUNWNt
Timestamps:
0:00Severance
2:06Cost Savings Debunked
5:24Alternatives To Layoffs
8:47The Real Reason
Resources:
https://pastebin.com/y2yiD13v
Disclaimer:
This video is not a solicitation or personal financial advice. All investing involves risk. Please do your own research.
https://www.silomarkets.com/disclosures
Logically Answered is centered around explaining the economics of tech and social media. These sectors are generally analyzed through the lenses of finance and economics to determine which industries and companies will thrive and which will fall. In addition to this analysis, the content is often focused on the stories of various famous entrepreneurs such as Elon Musk, Steve Jobs, and Jeff Bezos. Logically Answered also cover the rise and fall of several interesting companies and services that we come across on a daytoday basis. There have been so many companies that have risen to fame and then died out in a single generation. The most interesting companies are the ones that were able to save themselves and avoid bankruptcy. Feel free to follow the podcast if you would like to see any of these topics Logically Answered.
Find Logically Answered on YouTube: https://www.youtube.com/@LogicallyAnswered/
Disclaimer: This podcast is an independently created audio adaptation of content originally published by Logically Answered. This is a fan made podcast that appreciates the channel’s insightful approach to knowledge and aims to make it accessible to those who prefer listening over watching. This podcast is not affiliated with, endorsed by, or officially connected to Logically Answered in any way. All rights to the original content belong to Logically Answered. If you have any concerns, please reach out.
-----------
Learn more about your ad choices. Visit megaphone.fm/adchoices