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Evidence receipt / evaluation

Published · transcript-backed

Speaker unverified: evaluation

27 Jan 2025 Acquired TSMC Founder Morris Chang

“If in a year you have to hire the laid off people back, then you shouldn’t lay off because the layoff, the separation expense is usually about half a year, and it takes at least half a year to train a person.”

— Speaker unverified

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Everything needed to verify it.

Speaker
Speaker unverified
Attribution
Not verified from this transcript
Claim type
evaluation
Recorded
27 Jan 2025
Publisher
Acquired

Transcript context

…And why is that? Because it’s very subjective. The performance ratings are done by everyone’s own supervisor. Seven hundred worst-performing people in the company. Who gave the 700 people the bad ratings? Seven hundred supervisors. Very subjective. It’s not something that people will respect. If in a year you have to hire the laid off people back, then you shouldn’t lay off because the layoff, the separation expense is usually about half a year, and it takes at least half a year to train a person. So if you need the people back within a year, you shouldn’t lay off. What did you do when you came back as CEO, both about the employment issue and about the customer issue?…

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