Not every person you hire is going to be a home run. And the more people you hire, the more likely you are to have some dead weight around the company. With nearly 50,000 employees, it makes sense that financial giant Goldman Sachs wants to cut some employees loose.
Reports are that they will cut between 1 and 5 percent of jobs this fall. While that may be awful for Goldman Sachs employees who will lose their jobs, cutting poor performers is a policy you should follow in your business. Here’s why.
Your business needs everyone to count.
I’m not saying that you should hire only type-A people who are busting their buns to become CEOs. You definitely want people who are content to just do their jobs–yes, even some of those “lazy girl” type employees (who come in all genders).
To keep reading, click here: Goldman Sachs Is Terminating Poor Performers. You Should Too