A layoff fundamentally changed how I perceive work

The thing that bothers me most about layoffs due to “financial difficulties” is when you observe management wasting absurd amounts of money on something in one year, then announcing the following year that they have to make cuts to baseline, “low level” employees that don’t cost much at all.

This kind of managerial behavior seriously kills employee motivation, because it both communicates that 1) no one has job security and 2) that management is apparently incapable of managing money responsibly.

“Sorry, we spent $200k on consultants and conferences that accomplished nothing, so now we have to cut an employee making $40k” really erodes morale in ways that merely firing people doesn’t.

Um, I have seen irrationality all across the board. Market participants shooting themselves in the foot.

I have seen investors not invest even $10K into a project and then line up to invest far more for the SAME amount of shares.

When you apply for jobs, you see recruiters (who get commission from placements) tell you that your background isnt a fit when it is a perfect fit, and prefer to not show candidates.

I have even explained to recruiters that there is an opportunity to represent the candidates, like a Hollywood agent or like a seller agent i Real Estate. That the candidates would also pay a commission out of their salary, if placed in a job they actually like. And that all they have to do is call their counterpart recruiter and vouch for the candidate, which usually a quick call. But most are stuck in their ways and don’t want to tap new opportunities, no matter how easy. To their credit, some are not.

And so, it is no surprise to me that businesses waste money and then cut their task force. Many of them don’t care about you, but expect you to care about them. They’ll even expect you to stay late and demonstrate commitment, but they won’t pay you overtime.