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161 points unsnap_biceps | 3 comments | | HN request time: 2.388s | source
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jonas21 ◴[] No.42894769[source]
This seems like a pretty bold and employee-friendly move. Google recently merged two large divisions, so there's going to be some redundancy. Most companies would resolve this with a layoff, but it sounds like they're trying a buyout at the request of their employees. From the article:

> Some employees at Google have recently been circulating a petition that calls for CEO Sundar Pichai to offer exactly this type of optional buyout before resorting to involuntary layoffs. “Ongoing rounds of layoffs make us feel insecure about our jobs,” the petition said, according to CNBC.

Conventional wisdom is that with voluntary buyouts, high-performing employees who have the most options will leave and lower-performing employees will stay.

We'll see how it turns out.

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0xbadcafebee ◴[] No.42894834[source]
If I'm a highly-paid, high-performing employee, I'm not walking away from a big paycheck and lots of clout. If I was a middling employee without a big paycheck, looking at the prospect of months of job searching once I get laid off, I'd take the buyout and use it to start searching full time.
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1. JKCalhoun ◴[] No.42894950[source]
Seems like the opposite happens. The high-performing employee is getting unsolicited job offers all the time — can skip off to a higher salary somewhere else. Middling employee knows a bird in the hand when they see it.
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2. epicureanideal ◴[] No.42895054[source]
Theoretically, but in practice I'm not sure recruiters or other companies can tell the difference between a high performer and a mid-performer.
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3. tracerbulletx ◴[] No.42895145[source]
I agree, they can't, unless we're talking like true experts in a field. Which is a very small % of the people.