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A couple reasons I would guess:

1. Full carrying cost of an employee is much more then their salary so this math is not as straight forward if you’re just cutting time and salary to account for that time.

2. You should assume most people aren’t counting hours in places like Meta, reducing to a 4 day week imho will start making people think more about counting exact hours they’re working. It’s partially why the “4 10s” concept is also a bad idea that permeates the defense contractors.

3. Staying focused 5 days a week for one person probably has better compounding effects for that week than a few people working part time and taking longer to get the work done with longer breaks in between “sessions”. Harder to measure of course but it’s one thing I’d be worried about. Easier to think about if you say each person works 2.5 days a week for half their pay, I’d rather just have one person.

4. Layoffs let you cut by performance.

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There's a fixed cost to every employee. Health care being the biggest, so you don't save 20% by dropping an employee to 4 days / week, even with a proportionate pay cut.

Though the bigger reason is the belief that people who are willing to take a paycut in order to work less are not the people you want on the team. There's still a stigma to not making (or least pretending to make) your job the priority and treating every other part of life as a support role for it.

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Because the stock market won't care about that.
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You’d have to go company-wide to sync schedules and norms. Not just opt in. Many would not like a 20% pay cut. The best talent would disproportionately leave.

Also, theoretically Meta is getting rid of their worst performers, so their cuts and declines in productivity would not be proportional, especially as the cuts inspire fear to motivate productivity from the remaining employees.

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Does it inspire fear to motivate productivity?

Haha, no, it inspires motivation for finding a new job. Interview prep takes time!

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> Does it inspire fear to motivate productivity?

> Haha, no, it inspires motivation for finding a new job. Interview prep takes time

Everyone's circumstances are different. Many people - especially those with dependents - would reasonably be afraid. Whether that would inspire lasting productivity is questionable. It could also inspire less productive ways of getting ahead.

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Because it isn’t scientific. It is about appeasing irrational investors who demand a blood sacrifice. This is why it is always a big even number, and not some carefully established number based on analysis of operational shortcomings.
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