Instead of culling the company with no rationale, why not simply just ask who would like to leave. I know several people that would have jumped at the chance but now they get to continue to work for a company that is going down hill
4 replies (most recent on top)
Voluntary buyouts tend to attract high quality talent that a company doesn't want to lose.
Last poster is correct I think. Neustar moved the vast majority of its tech offshore. Venkat comes from there and wants to make that the standard for all of TU.
They can still jump...and many will. Especially U.S. tech. No future for U.S. tech at TU. It will eventually be a U.S. based company in name only. Some management in the U.S. but all operations elsewhere (India and H1B, mostly). That is why it is called a 'multi-year transformation'. btw, it is how Nuestar operated before being purchased. Expect the same.
I suspect it would not have been effective enough for them to get the amount of cuts they wanted fast enough if they did that and would have had to just go through with this anyway.
I’ve been at other companies where they did offer voluntary separation and still turned around and did mass layoffs 3 months later.