Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

This whole article is selection bias:

> There are findings that suggest layoffs lead to both short-term and long term issues, including: > - A 2x as likely chance of bankruptcy compared to companies that haven’t done layoffs.

Obviously! Because a huge number of the companies undergoing layoffs are about to go under and are using layoffs as a last ditch survival effort.

The author may be right, but every fact and figure presented in this article fails to distinguish between healthy companies in healthy industries using layoffs as a lever to increase stock prices, and layoffs happening in industries/companies that are collapsing.



Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: