Which seems bizarre to me. Cutting costs just leads to hollowing out your expertise and institutional knowledge (see Intel) to the point where it eventually bec

Which seems bizarre to me. Cutting costs just leads to hollowing out your expertise and institutional knowledge (see Intel) to the point where it eventually becomes far more difficult or even impossible to grow. This is the time to reorganize, restrategize, reprioritize and solve long-standing cultural/organisational issues, not fire people who could potentially help the company through tough times. Oh well. It's FB, I'm okay with it if they sink the ship.