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WotC - why are we still shocked with layoffs?
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<blockquote data-quote="cranberry" data-source="post: 9224559" data-attributes="member: 7040349"><p>I worked for a venture capitalist firm for 3 years. Deeply buried in my spreadsheets, I was mostly insulated from the reality of the impact, but on one assignment I was told to meet the boss on-site.</p><p></p><p>I watched as the HR rep handed out pink slips to many of the men on the shop floor. This was a small town in a specialized industry. The employees would like have to travel pretty far to find jobs that required a similar skill set.</p><p></p><p>I took out my analysis and adjusted the FTE's and calculated a new EBITDA and NPV. My boss was ecstatic. We were able to achieve the numbers that satisfied our financing partners without having to adjust the hurtle rate, product margins, or growth rate assumptions.</p><p></p><p>This was in stark contrast to the faces of the folks who were let go...</p></blockquote><p></p>
[QUOTE="cranberry, post: 9224559, member: 7040349"] I worked for a venture capitalist firm for 3 years. Deeply buried in my spreadsheets, I was mostly insulated from the reality of the impact, but on one assignment I was told to meet the boss on-site. I watched as the HR rep handed out pink slips to many of the men on the shop floor. This was a small town in a specialized industry. The employees would like have to travel pretty far to find jobs that required a similar skill set. I took out my analysis and adjusted the FTE's and calculated a new EBITDA and NPV. My boss was ecstatic. We were able to achieve the numbers that satisfied our financing partners without having to adjust the hurtle rate, product margins, or growth rate assumptions. This was in stark contrast to the faces of the folks who were let go... [/QUOTE]
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