> wish companies, if possible, throttled layoffs a bit more
The uncertainty will cause a lot of stress. As a red badge at Cisco some years back, layoff talks used to cause me serious anxiety, even though my parent company would just move me to another project.
The bigger problem with Cisco is that people speculate about layoffs and there are continual leaks. This really upsets employees, and causes considerable emotional pain for them.
To add to this point often stronger employees will exit when this ongoing pain is happening. No-one likes the uncertainty but your best guys can move the fastest. And general morale.
Redundancies are absolutely best done as one-and-done.
Also, would this be a record number of staff laid off in one go 'by choice'? 14,000 is huge. Poor guys.
Yep, happened at my last job. I survived several rounds or layoffs, each with my manager reassuring me that my job wasn't being targetted. Even so, each time a few of our best people would find something elsewhere, even if their position wasn't being eliminated and they ended up filling it. Then my manager left the company which was my first warning sign, some people started finding positions in different areas of the business...then I heard rumors and ambigious announcements again. Me and several of our best people left shortly before hearing that our entire department would be transitioned to a contract position with an outsourced provider, which made replacing our positions that much harder. It wasn't quite a layoff but would mean we'd no longer be full time employees with all the benefits that entails and the contractor could basically do what they wanted with us after a certain amount of time. For those that stayed, I heard its not been great.
As someone who made the mistake in working for an international office, and caught the train out almost 10 years ago now, I agree. I escaped one set of layoffs and then kept thinking I'm next.
I was next.
Got fired at end of financial year, along with a couple thousand others. Had a new job before the day was out (another result of said anxiety).
Am I missing something? They are the exact same thing. The company decides to terminate your employment contract, as opposed to you making the decision.
"For cause" usually means something much worse than "poor performance". That term is generally harassment, fraud/embezzling, other illegal acts, gross insubordination, etc.
Being fired because you are performing poorly in your job is, crazily enough, not "fired for cause" but simply "fired".
Being fired "for cause" usually makes one ineligible for unemployment income.
Thanks. I used the "for cause" a little sloppily. A sales person who misses quota will still be able to get unemployment benefits, while another salesperson who likes to walk around the office without pants will probably not.
Additionally, being laid off usually results in at least a respectable severance package. Being fired generally means you only get the minimum legally owed to you.
Being one of 14,000 employees let go because they chose to eliminate that entire half of the company doesn't necessarily mean anything. Being one of four engineers chosen to be let go from a team of 20 can say something about your skill level.
The practical difference is the ability to collect unemployment benefits. If you're fired you may not be able to collect benefits depending on the situation and state where you live.
The uncertainty will cause a lot of stress. As a red badge at Cisco some years back, layoff talks used to cause me serious anxiety, even though my parent company would just move me to another project.
The bigger problem with Cisco is that people speculate about layoffs and there are continual leaks. This really upsets employees, and causes considerable emotional pain for them.