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No and no. I think his approach here is to cut as many people as possible in order to find out which roles are actually needed and then staff back up from ther
by MR4D 4y ago
No and no.
I think his approach here is to cut as many people as possible in order to find out which roles are actually needed and then staff back up from there.
It’s been done in many other industries over decades and is an effective (albeit ruthless) way of clearing out unneeded positions.
- Kye 4y agoDo those industries rely on delicate advertiser relationships to keep the company from imploding?
- MR4D 4y agoYou make a really good point. However, my personal belief is that advertisers will follow eyeballs. They can hold off for a bit, but the temptation has always been too great.
- mhoad 4y agoThis is genuinely delusional at this point.
- MR4D 4y agoBob Crandall, former head of American Airlines tells this incredible story about cutting back costs at an airport that AA used to fly into. [0]. Delusional or not, it works. The video is only about 2 minutes, and it will impact your thinking about public companies forever. [0]-https://youtu.be/6XXtqX01PzU https://youtu.be/6XXtqX01PzU Edit - to be clear, I’m not a fan of these tactics.