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WotC's Annual Xmas Layoffs
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<blockquote data-quote="Umbran" data-source="post: 5750789" data-attributes="member: 177"><p>Large companies these days often don't allow employees to carry vacation over from one year to the next. That vacation, which would have to be paid to the employee if they decided to leave, technically counts as a debit on the corporate balance books. When you have many employees, the sum total of that debit is no small thing, and it makes the overall balance sheet look more crappy.</p><p></p><p>Is it actually a financial issue for the company? Not generally. Unless everybody decided to leave (or had to be let go) at once and take that vacation as cash, it wouldn't actually have a major impact on the financial stability of the company.</p><p></p><p>But, how it looks on paper sometimes matters. Maybe how things look on paper matters, so that they really don't want to hold onto people into the new year. However, they don't want to let them go early, either, as then you lose their productivity.</p><p></p><p>I wont be surprised if, actually, they understand the issue, and are working to reduce it: Note how Monte Cook is working for WotC now, but he's freelance/consulting rather than a full-time employee? I'm now suspecting both WotC and Monte got it - letting a freelancer go when his assignment is done is not the same thing as letting a permanent employee go. </p><p></p><p>None of which makes this any better for Mr. Baker. I hope he finds something good, as some of his work has been excellent.</p></blockquote><p></p>
[QUOTE="Umbran, post: 5750789, member: 177"] Large companies these days often don't allow employees to carry vacation over from one year to the next. That vacation, which would have to be paid to the employee if they decided to leave, technically counts as a debit on the corporate balance books. When you have many employees, the sum total of that debit is no small thing, and it makes the overall balance sheet look more crappy. Is it actually a financial issue for the company? Not generally. Unless everybody decided to leave (or had to be let go) at once and take that vacation as cash, it wouldn't actually have a major impact on the financial stability of the company. But, how it looks on paper sometimes matters. Maybe how things look on paper matters, so that they really don't want to hold onto people into the new year. However, they don't want to let them go early, either, as then you lose their productivity. I wont be surprised if, actually, they understand the issue, and are working to reduce it: Note how Monte Cook is working for WotC now, but he's freelance/consulting rather than a full-time employee? I'm now suspecting both WotC and Monte got it - letting a freelancer go when his assignment is done is not the same thing as letting a permanent employee go. None of which makes this any better for Mr. Baker. I hope he finds something good, as some of his work has been excellent. [/QUOTE]
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