To sum up:
1. 3 companies are screwed by getting under a third worth of productivity for an FTE
2. Company loyalty basically non-existent… Good luck building any sort of culture
3. One of the tens of thousands (if not hundreds of thousands) of similar cases with remote workers overemployed – r/overemployed has 412,000 users at the time, just one of the communities for workers taking on multiple jobs
4. The macro being harder as ever since 2020 (pandemic, wars, unpredictable purchasing behavior, hyperinflation, funding withdrawal, recession, trade wars) – making it nearly impossible for executive teams to plan roadmaps or devise strategies in time of fear
Companies do layoffs if their burn rates are unsustainable (unprofitable companies) or they hired a large handful of people underperforming and not pulling their weight.
In the first case, employees have bought into promises for bright future for companies losing money. Unfortunate, but not surprising.
The second scenario is simply a corporate environment with 20% average staff productivity. Getting paid 5X for the amount of work put in is a premium that ends up in cuts eventually.
How many stories have you heard of devoted, productive, and efficient staff members being slashed, unless there’s a very valid reason? DOGE-cut funding and entire companies going down or Forever 21 filing for bankruptcy TWICE or desolated cities just lacking foot traffic don’t count.
