←back to thread

161 points unsnap_biceps | 1 comments | | HN request time: 0.204s | source
Show context
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.

replies(6): >>42894834 #>>42894883 #>>42895044 #>>42895095 #>>42895826 #>>42896579 #
golly_ned ◴[] No.42895826[source]
> high-performing employees who have the most options will leave and lower-performing employees will stay.

How do you figure? High-performing employees will stay because they're not worried about impending layoffs. Lower-performing employees will leave because they know they're on the chopping block.

Google is also notorious for having tons of talented deadwood, since they don't want them to go to other companies. Such companies are ripe for cutting the fat.

replies(1): >>42925601 #
1. riehwvfbk ◴[] No.42925601[source]
Having to do the work of 3 people is a great way to become low performing...