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It's Almost the Season for WOTC layoff!
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<blockquote data-quote="Mistwell" data-source="post: 5362565" data-attributes="member: 2525"><p>There are far too many factors involved to be able to figure out the cause of a particular layoff.</p><p></p><p>It's all based on budgets. A department gets it's budget cut in a year, and that means they need to cut expenses somehow. Usually that is done by laying people off, but it can also be done by pay cuts, and cuts in other expenses.</p><p></p><p>Regardless, the reasons for a budget cut are numerous. Sometimes it means the company is doing WELL, not bad. Sometimes what it means is profits went up to the point where the company can almost afford to expand into a new department, and so needs to make budget cuts in other departments to make up the difference between what they can almost afford for the new department and what they need to really do it right.</p><p></p><p>Sometimes it means sales are down. Sometimes it means so many projects were completed that there is simply less to do. Sometimes it means the parent company is buying another company, and they need the money to do that. Or because there will be redundancies in positions somewhere from an acquisition.</p><p></p><p>I could go on and on about possible reasons, but my point is there are too many factors involved, and there is no way to know for certain if it means the company is doing well or poorly, seeing big profits or not, or anything of the sort.</p><p></p><p>That said, this is the part I find tasteless:</p></blockquote><p></p>
[QUOTE="Mistwell, post: 5362565, member: 2525"] There are far too many factors involved to be able to figure out the cause of a particular layoff. It's all based on budgets. A department gets it's budget cut in a year, and that means they need to cut expenses somehow. Usually that is done by laying people off, but it can also be done by pay cuts, and cuts in other expenses. Regardless, the reasons for a budget cut are numerous. Sometimes it means the company is doing WELL, not bad. Sometimes what it means is profits went up to the point where the company can almost afford to expand into a new department, and so needs to make budget cuts in other departments to make up the difference between what they can almost afford for the new department and what they need to really do it right. Sometimes it means sales are down. Sometimes it means so many projects were completed that there is simply less to do. Sometimes it means the parent company is buying another company, and they need the money to do that. Or because there will be redundancies in positions somewhere from an acquisition. I could go on and on about possible reasons, but my point is there are too many factors involved, and there is no way to know for certain if it means the company is doing well or poorly, seeing big profits or not, or anything of the sort. That said, this is the part I find tasteless: [/QUOTE]
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It's Almost the Season for WOTC layoff!
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