"with the help of Bain & Co. [Bob and Bob], we initiated a series of steps to determine how we can become more efficient and productive as an organization" So

"with the help of Bain & Co. [Bob and Bob], we initiated a series of steps to determine how we can become more efficient and productive as an organization" So they brought in outside help to figure out that they needed a 10% layoff? A grab bag of three cards would've been a whole lot cheaper; 1) Keep all yahoos at 20% reduced salary. 2) Cut 50% of middle management (whatever that means). 3) Announce 10-20% yahoo layoff.