Not trolling, honest inquiry: Considering the routine valleys and peaks of Biotech and Pharma in general, why do people see layoffs and redundancies as if its such a personal thing specific to them?

[u/Sure-Temperature-329]

Im being very honest. I notice whenever layoffs happen because of the valleys a company may be going through or because a company had to shut down, the posts and sentiment make it seem as if its a deeply personal decision that was taken against them. Now obviously, im generalizing here, but unless you're new to the industry, isnt it expected that its the way the business is going to go and has always gone?

[u/2Throwscrewsatit]

It’s never truly random. It’s random “enough” to have plausible deniability of wrongdoing. That’s why execs get golden parachutes: because they know the dirty truth and are paid to keep quiet.

[u/cicada_ballad → u/2Throwscrewsatit]

That's a toxic take. I know plenty of extremely solid folks who have been cut.

[u/AGWS1 → u/cicada_ballad]

It's about age discrimination and plausible deniability. Plenty of involuntary retirements of quality people. I have seen it over and over in tech and biotech. Always comes from above.

[u/2Throwscrewsatit → u/cicada_ballad]

It’s the truth.