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TopicBetter.com CEO lays off 900 people in a zoom call
ChichiriMuyo
12/10/21 1:46:15 AM
#7:


The honest truth about the modern office is that there just isn't that much work for people to actually do. There's a reason why the work week in Germany is limited to 32 hours a week and they still get the same amount of work done. Most of the work in an office job is busy work. It's not unusual for people to spend more time in completely useless but mandatory meetings than at their desk working.

Now, should companies cut back on staff if they don't need that many people to get the real work done? Yeah, that sounds right. If they could get 300 people to do the work of the 900 they laid off they should do that for the benefit of the company. But you know what they should have done way before that? They should have made sure they needed those people in the first place. Better.com's IPO stock price should be getting kicked in the balls right now not because they laid people off but because management isn't part of those people, and clearly management is what is truly at fault. Poor management cost the company an unknown amount of money, and those managers are still in their same positions. Don't invest in a company that lays off nearly 1000 people in the same year they tried to go public.

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