1.0
Oct 25, 2022
Recommend
CEO approval
Business Outlook
Pros
- Work from home - Causal wear
Cons
- Severance payment may be more attractive than non-cash rewards, which should have been a large part of the remuneration package - Non-performance-based layoff - seniority and friendship with senior management are the keys to surviving rounds of layoff - Top management was unable to appreciate constructive and professional advice from the middle level, and often put the wrong focus and resources on fancy initiatives - Lack of documentation and policies - Thousands of employees laid off are the victims of poor decision-making and overspending by the management