Thread regarding Charles Schwab Corp. layoffs

What constant cuts really mean

A healthy company hires when it needs to and keeps people when they're doing good work. A failing company cuts over and over, calls it restructuring, and pretends things are fine. We've been through how many rounds in the last few years? Certainly too many. That's not a sign of a strong organization.


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Post ID: @OP+1kqwt3sh6

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We've always hired excessively when times are good, and laid-off/frozen hiring when times are bad. We need to operate as if times are bad, right sized labor force always, so we don't have to layoff when they are.

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Post ID: @30d+1kqwt3sh6

@ar Blur the human AI labor line?

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Post ID: @ey+1kqwt3sh6

It’s more insidious than that.

Instill fear. Constrain costs. Reduce media and political impacts when there are larger cuts. Blue the human AI labor line. Quietly migrate locations. Provide cover for bullies.

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Post ID: @ar+1kqwt3sh6

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