You say "tours of service", I say "perma-temp", because that's what companies would do to make this a thing. Add a mandatory six month unpaid vacation (to keep up the legal fiction of them not being employees) and you have the dream of companies everywhere to underpay and deny benefits to their "temps" while never having to deal with formal layoffs because nobody was ever really "employed".
Most people want stability. Do layoffs if you need to, but cut once, cut deep, and as Shopify did here, do well by the folks you're letting go. (And then evaluate if you should change your hiring targets to prevent this in the future.)
Most people want stability. Do layoffs if you need to, but cut once, cut deep, and as Shopify did here, do well by the folks you're letting go. (And then evaluate if you should change your hiring targets to prevent this in the future.)