Regarding layoffs: "We find that the real-side effects of buyouts on target firms and their workers vary greatly by deal type and market conditions... This conc

Regarding layoffs: "We find that the real-side effects of buyouts on target firms and their workers vary greatly by deal type and market conditions... This conclusion cast doubts on the efficacy of 'one-size-fits-all' policy prescriptions for private equity." [0] Pro Rata https://www.axios.com/newsletters/axios-pro-rata-ed716a8a-3790-4e1d-8a56-d05db1e4e803.html https://www.axios.com/newsletters/axios-pro-rata-ed716a8a-37... It really depends on the PE firm and the company. In the software space, there are large PE firms which have a tendency to cut headcount because in their view, public market CEOs focus on growing revenue at the expense of profitability. This tends to lead to excessive full time employees over and above best practises...so if the previous CEO overhired and the PE firm fired people....then it's the PE firm that's in the wrong right...end of story? I'm not saying you are saying this but this is the underlying vibe I get in these kind of discussions....