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Re: Job Market - Same or Worse Than Before DotCom Mania?
Subject:Re: Job Market - Same or Worse Than Before DotCom Mania? From:Bruce Byfield <bbyfield -at- axionet -dot- com> To:"TECHWR-L" <techwr-l -at- lists -dot- raycomm -dot- com> Date:Tue, 14 Aug 2001 13:25:33 -0700
Victoria Camgros wrote:
> - People *are* getting laid off. This is always bad, evil, nasty. Some say
> inevitable, but really good managers I know claim its a failure in
> management. Those people never presided over a layoff while I
> knew them. I'd be interested in discussion by some of the
> experienced managers who posted recently on the Leadership thread.
If someone who has hiring authority needs to layoff people, then a miscalculation
may have been made. Perhaps people were hired on the assumption that an important
deal would go through, or that revenue would reach higher levels for a quarter. In
extreme cases, the manager might have been hiring more people to increase their own
sense of importantce (this is a malady that often strikes CEOs). However, the
individual manager's mistake may be no more than using someone else's faulty
projection, or failing to foresee a change in the market. No one's omniscient,
although it speaks well of someone's conscientiousness if they blame themselves for
the need to layoff employees.
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Bruce Byfield 604.421.7177 bbyfield -at- axionet -dot- com
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