re: #236 Romantic Heretic

I remember angering a Welch groupie once. She loved that, or so she claimed, he’d fire 10% of his workforce every year. “It was good to get rid of the deadwood.”

“Soviet management methods don’t work very well,” I told her. “They would often do much the same, except they had a different method of firing people.”

She really didn’t like that comparison.

It’s not uncommon for fast-paced companies to trim the lowest performing x% every year as a matter of policy. Most of the big consultancies do it, for example. Lots of people in those companies love the policy because it ensures they’re not working with chronic underachievers.