I read an interesting LI post today where someone was saying instead of laying off 8% of their workforce, Salesforce should have instead asked everyone else to take a pay cut or voluntarily leave.... Um, what?
Their point was that instead of laying off 8000 people to get their payroll spend in check, they should have instead invested in their culture and rallied everyone together. To me this makes no sense...
1) Layoffs allow you to prioritize keeping top performers happy while getting spend in check, asking the top performers to take a pay cut to throw a life raft to the under performers will just result in your best reps going elsewhere..
2) Its clear Salesforce over hired, so keeping all 8000 people just leaves you with inflated teams with not enough business to keep everyone busy... So now you're asking people to voluntarily take less base, in order to keep more reps around and thus have diluted territories (less earning potential) and the logic is that that will boost moral? Crazy.
What are your thoughts, am I crazy to think that post made absolutely no sense..?