I don't know whether your comment is true, but the way to do layoffs while keeping innovation as high as possible is to do one round that is big enough that you can and do give guarantees to the employees that are left behind that they have jobs for life. Multiple rounds of layoffs is what really takes your innovation to zero.
I’ve been through dozens of rounds of layoffs. That part I almost got used to. Staying innovative, and being seen as innovative by my boss, was the way to ensure I wasn’t on that list.
What killed it for me was when new management came in, refused to talk to anyone internal, brought in outside hires to be the innovators and change agents, and then shut down any of the legacy employees who tried to speak or bring ideas to the table. A lot of really talented people have left, and maybe that was the goal, as it avoids having to pay severance.
Dell has a talent to do the exact opposite. HR should hire your service. But they would fire you since they wouldn't like your advice.
For the defense of big corp, finance is often told a figure as to how many in percentage to layoff. Not much more, not much less or you get added to the list.
CEO? He also has to follow orders.
Who's to blame then? I wonder.
The practice and coordinated moves in the tech industry, and beyond, consistency in the pattern observed (and attested so broadly) led me to believe it is well intentional. Instill fear and anxiety to those who are left so that they stop claiming they deserve a significant raise. Will figure out how to innovate once we've regain control over the main cost: wages.
From what I understand, the modern Dell (much like many airlines, for that matter) is in a sort of weird banking/finance business rather than technology and innovation. They are really good at managing capital and that is how they derive much of their profits.
Yes. And while Starbucks offers a decent service, Dell's has rather become absolutely mediocre.
I'm not even sure Dell has been that good at capital management as of late. His last good shot, and an amazing one, was to buy out his own company at a much undervalued price, with plenty of financing support from investment banks. 10 years ago already.
