The question though is whether they will be targeting only the bad performers or if they will be laying off many of those who don't deserve to be cut, therefore causing a huge damage to the company?
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Depends on if you work for an incompetent boss....if so, the long time culture which Satia has not changed is to be in competition with your direct reports so if you shine too bright, your boss looks for this as an opportunity to rub you out.
This is how they sustain incompetence in a founding culture.
I can attest that the low performers at Microsoft are stellar performers everywhere else.
There are so many metrics to choose from that can be a minuscule difference between a low performer and a mid level performer.
Hate to break it to you, but layoff is never performance based. Relationships and politics will beats performance. The layoff is too big and will take to long to be performance based.
Cut is cost based due to lower revenue target. Target includes high salary, older=low productivity, long tenure, unprofitable products/services, etc. An opportunity to rehire low cost workforce to reduce opex. Never surgical.