Back in the day, meaning like 4 years ago; a company going through a layoff was an EMBARRASSMENT.
It was a point of FAILURE.
I remember sitting with colleagues and making plans to host networking events across the street from competitors that were laying off people, working to scoop this talent up.
We would speak amongst each other and take bets on how long it would be from layoffs to the company shutting down.
It wasn’t shameful to be laid off, but it was shameful to be a CEO of a company doing layoffs.
CEOs would get replaced for that, as they should. And who would want to touch a CEO who had to layoff their workers?
Now, like everything else, the shame has been trickled down to the individuals. People are ashamed of being laid off, instead of CEOs being ashamed of doing the lay offs. Heck, CEOs are making MORE because of lay offs, not getting fired.
If you are a CEO doing layoffs because of pi-s poor planning and “overhiring” you don’t deserve to be a CEO, you deserved to be blackballed because you are a failure