All other things equal, sure. However, proper reasoning while taking into account uncertainty is not so simple. Let's do a thought experiment. Let's say you a

All other things equal, sure. However, proper reasoning while taking into account uncertainty is not so simple. Let's do a thought experiment. Let's say you are the CEO and your estimate for the necessary layoff ranges between 2% and 11%. What to do? One and only one round of X% layoffs? What should X be? Or perhaps start with a round of 5% layoffs. The hope would be that the uncertainty decreases. Time passes. You might not need an additional round. Or if you do, it can be done more accurately.