points by Hamuko 3 days ago | 0 comments
A rational company would not buy out an employee that they're going to be rehiring.
[–] fhn 3 days ago
But with the job market the way it is, they could re-hire at a lower compensation?
[–] yCombLinks 3 days ago
The buyout is generating unknown information. How well does the company perform without x random employees removed.
[–] sumtechguy 3 days ago
typically in that case the boomerang is they come back but as a consultant. just doing the same thing they were doing before but at a different rate. usually higher to cover health ins plus a bit of a bonus.
[–] moogly 3 days ago
> A rational company
I've never worked at a rational company. I'm not sure that's a thing.
[–] bongofizzbuzz 3 days ago
Yes, but companies realise the important cogs much later in the process.
It's very common in these situations to target every org in the company with a goal of X% reduction. If a small fraction of these teams now need extra headcount, easy enough to allow those teams to hire. Usually you don't keep the severance if you return in under X days.
I've personally been laid off, only for the post-re-org team to hire several people, including asking to rehire me. It's rare, and those affected should probably plan to find new jobs, but it happens.