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They overhired so badly it's an existential threat to the company, and not even from a cost perspective. Should lay off closer to 4000, but that would have nega
by beefman 7y ago
They overhired so badly it's an existential threat to the company, and not even from a cost perspective. Should lay off closer to 4000, but that would have negative cultural impact too. So they're stuck. Always slightly underhire so you can be sure you didn't overhire.
- williamDafoe 7y agoCompanies that perform layoffs have underperforming stock over the next 5 years. so they are trying to lay off a small enough number of people that they don't appear to be the weakening company that they are....