Reply to post: Re: Oracle got there first

Tesla undecimates its workforce but Elon insists everything's absolutely fine

LucreLout Silver badge

Re: Oracle got there first

Many big American firms can the lowest 5-10 percent of their workforce each year.

It's not just American firms that do this. It's reasonably common in the City - many of my employers have used the 20-70-10 system: The top 20% get a pay rise, the next 70% get nothing but keep their jobs, and the lower 10% you fire, all based on that years performance review.

To be honest, even when I tried hard to get into the 10% because I wanted a payoff it was really quite hard to achieve, so hard in fact I couldn't make it stick.

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