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▲ vkou 2 hours ago

With these kinds of offers, they don't expect to get rid of 60,000. They expect to get rid of Y,000.

They make the offer to 60,000 (typically, an entire department gets this offer, including people they want to keep). Some X,000 will take the offer. If Y,000 > X,000, they they lay off the difference.

▲silisili 2 hours ago | parent | next [-]

This is what I was wondering, if they have some internal math that says "15% will probably take this offer" targeting a lower number like 10k. And if they overshoot, it's not like they'll have trouble refilling positions in this economy...

▲guywithahat an hour ago | parent [-]

You say that but the economy seems pretty strong to me, we have lower than average unemployment with above average job listings. It's harder if you're on visa otherwise it's pretty competitive

▲ibejoeb an hour ago | parent [-]

In general, and especially for the technical roles, they are probably going to have trouble finding relatively similar compensation.

▲fhn 39 minutes ago | parent | prev [-]

Including people they want to keep? What if all the people they wanted to keep accepted while those they didn't want to keep stayed? Certainly makes no sense.

▲jasomill 18 minutes ago | parent [-]

I imagine they don't extend the offer to specific people they want to keep.

I'm still not sure what the advantage to the company of an offer like this is versus layoffs where management gets to choose who leaves, unless they feel the "loyalty test" of deciding to stay is worth more than their own evaluation of employee performance.