If the firing was on the basis of cutting out top paid employees, it absolutely ... | Hacker News

Hacker News new | past | comments | ask | show | jobs | submit

login

kamaal on March 15, 2023 | parent | context | favorite | on: Meta plans to lay off 10k employees

If the firing was on the basis of cutting out top paid employees, it absolutely makes sense to now fill those positions with newer ones whom you can pay less.

Nothing absurd here.

cutemonster on March 15, 2023 [–]

Does such things happen? Thinking about all knowledge that is lost

Maybe top paid management is simpler to replace?

I wonder if the managers who will become individual contributors again, will be paid the same or less

Join us for AI Startup School this June 16-17 in San Francisco!
Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact