Thread regarding HSBC Holdings PLC layoffs

Guided Percentages

Forced distribution (helpfully rebranded "guided percentages") and stack ranking is poisonous and makes it difficult to build talented teams and impossible to keep them together.

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This is a pretty bad system, and many companies are discontinuing it. Accenture and Deloitte, Microsoft, etc. It's really bad for the culture as it pits one employee against the other, bad.

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Post ID: @1tan+HqHQHZl

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