In the wake of the last week’s layoffs at NGM, we found this item — and found ourselves wondering: Who is Cameron? And where is he when we need him?
By Cameron on March 31, 2009 6:38 PM
… So that is the American way, I suppose: to let the unlucky few take the lay-off while the rest of the employees–and the company–prosper. Bewley seems to agree when he says that, “Businesspeople tend to believe that the best way to handle a business downturn is to maintain a core group of key employees, encourage its morale by giving raises and laying-off so many employees that those who remain have a little too much to do.”
But this is my question for you: Would you rather keep your job, get paid a little less and have some more free time? Or would you prefer to be laid off with the chance of finding a job that pays the same, if not more… but possibly less.
Personally, I would enjoy the shorter workweek and the smaller paycheck. I can learn to live frugally… and at least I would still have a job. Right?
Cameron’s “time off” idea might work – but only if NGM managers believed the Magazine’s current downturn was a temporary one. Put lots of folks on a 35-hour work week… slog through the downturn… weather the storm together… and then emerge to grow and prosper.
But if growth is no longer part of your game plan — and if down is the only direction you’re heading — then dumping a small group of people every year or so becomes your standard operating procedure.
(It’s also savvy management: Culling too many members of the herd at one time can cause a panic — or a stampede.)
Our prediction: Without a coherent plan for NGM (and we’re still waiting to hear one from you, Chris Johns), there will be more layoffs to come — sooner rather than later.
The only question is: Who’s next?