alt Hacker NewsMy former boss at Microsoft told me this sort of thing is a good way to get rid of your best, most employable employees. I guess he didn’t pass the memo up the chain.
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I dunno how prevalant this term is, but people at my last robotics company called it the "dead sea effect." Those who can, leave. Those who can't, hang on.
My dad told me his bosses were very surprised when he eagerly accepted a similar deal. IIRC, he was about 60 at the time, so would have had about 6 years early retirement given what the pension age was back then.
I guess unfortunately there isn't an easy way to just "only fire the employees responsible for making Teams suck".
This is why it was only offered to 60k people. The best performers are likely not given the option.
there’s a difference between a memo passed and a memo read. (let alone a memo acted upon.)
Market is horrible even for 'best employees' . Best employees arent that different from mid employees these days because everyone is slinging the same slop.
Maybe something has changed between now and then? Say, some kind of a technology that allows to select eligible employees better.
The truth of the matter I think is that you do not actually need the best.
Most of the time, anyway.
As far as business is concerned, the thing often runs better with mid people with less leverage. They just do their job, don't have any ideas and you can squeeze them.
Because it's not all the best that are leaving. Just the ones not stuck with a mortgage or similar stuff. This cuts the wings of very capable people and completely strips them off their bargaining power. Which is very useful to management.