MightySteelLeg

account executive

After seeing how these large Tech companies treat their layed off employees, will this make companies twice before doing business with them

After reading multiple posts on LI from people who had been working at the likes of Microsoft and Google for more than 10 years, to find out they were layed off from the news and their logon disabled. No notice from either HR or management.

This abhorrent behaviour cannot be forgotten and ignored. I really hope this makes companies think twice before committing more of their budget and capital towards these so-called hyperscalers.

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braintank

Politicker

Enterprise Account Executive

That's wishful thinking. I doubt anyone is going to drop O365 since they laid off people in an shitty way.

CuriousFox

WR Officer

🦊

It sucks, but it's the truth.

Account Executive

yeapp

Pachacuti

Politicker

They call me Daddy, Sales Daddy

The simple answer - no.

Most of those big numbers represent less than 5%, some even 1-2%. It’s just a shift from the over-hiring they did.

JustGonnaSendIt

Politicker

Burn Towns, Get Money

I don't view this as particularly bad treatment. It's sudden, yes. But I also don't think it's some big social offense. And I think they actually do more than most companies in terms of supporting an employee post-separation.

For example: Most of these big tech companies have pretty reasonable severance procedures. Months of pay, full benefits, and assistance finding a new gig.

Shutting down someone's access as soon as the decision is made to release them is pretty standard. It prevents all sorts of uncommon but potentially very damaging malicious behavior from happening when a rumor moves faster than official notification.

How many of you, upon getting let go or quitting, had your access to SFDC or other systems of records immediately cut? How many of you actually got something financially or benefits-wise after the next immediate paycheck?

Sunbunny31

Politicker

Sr Sales Executive 🐰

Yes, this exactly. Most of these companies have been generous in their treatment of those they let go.

It's the small ones without the resources to provide employee assistance that have caused the most heartburn for those who were let go.

JustGonnaSendIt

Politicker

Burn Towns, Get Money

Agreed. It's much tougher for the little guys and the folks they let go.

However, that's part of the risk / reward calculation when joining a company IMO. I think it's better to have the decision to make, than face onerous regulation that makes it tough to operate a smaller business even in good times.

Sunbunny31

Politicker

Sr Sales Executive 🐰

It's also often why it can take months to get offered a position at one of the bigger companies. They calculate all potential outcomes.

Diablo

Politicker

Sr. AE

I am sure they plan for long before taking decisions.

Sunbunny31

Politicker

Sr Sales Executive 🐰

It won’t.

And don’t think for more than a second that these same companies that do business with tech companies haven’t had massive layoffs themselves - and possibly treated their employees far worse than the tech companies did. Most of the larger tech cos have given months of salary plus severance. Only one I can recall was abhorrent in how it treated its employees in a mass layoff.

With that in mind, it’s going to be business as usual. Companies will do what is best for their bottom line.

Justatitle

Big Shot

Account Executive

I mean, the thing is that these large companies alternatives are usually more expensive and worse. Sucks all around

coletrain

Politicker

Account Executive

Nope

Exhibit A: They're using a MSFT service to post these things.

Companies will do business with each other so long as there is mutual gain. Recessions happen. Layoffs happen. Sure incidents occur but they generally are forgotten.

Panda4489

Politicker

Head of Some Shit

I feel like most of the tech companies that have had really visible layoffs have also given out massive severance plans. (Except Twitter of course) The last I saw Google did 5 months of severance and insurance covered.... It's the startups that tried to hyperscale and then went out of business who are the ones that are creating havoc for former employees.

PapaRo

Fire Starter

President

Plus 2 weeks for every year of employment

FinanceEngineer

Politicker

Sr Director, sales and partnerships

It can and will be. This is nothing in volume.

Kosta_Konfucius

Politicker

Sales Rep

Unless your a person who got laid off, then became C-Suite. I dont think it really impacts who people buy from.

SaaSguy

Tycoon

Account Executive

Companies that buy these products are doing the same shit.

sunnysideup92

Fire Starter

Sales executive

Big companies are fine. It is the smaller companies that lay people off with 2 weeks of severance that sucks.

PapaRo

Fire Starter

President

Although the layoffs were bad they were expected once the hint of a recession was coming. Honestly the way the tech giants executed the lay offs is on par to the early nineties when large companies would gather employees in the parking lots for mass firing and had them all the archaic “pink slips”. With time comes better tech and less humiliating processes of mass firing…

finboi

Notorious Answer

Fi-nance

Companies? No

Future employees? Yes

Think about how competitive the market still is for top engineers. Previously the sell was higher cash and total comp+ job security vs a startup. Now there’s pressure on both. Safe to say you will have a tough time reeling some of those engineers back in.

This also comes at a tougher time to recruit the next generation who is increasingly looking to work for themselves.

ReadTheScript

Politicker

Sales Manager

It should but it won't. Just like it won't stop people from applying there.

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MightySteelLeg

After seeing how these large Tech companies treat their layed off employees, will this make companies twice before doing business with them

21 comment

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