The most important thing to realize in a situation like we’re facing is that, chances are, you cannot act too quickly, but you can easily act too slowly. For th

The most important thing to realize in a situation like we’re facing is that, chances are, you cannot act too quickly, but you can easily act too slowly. For this reason, I decided that we had to come up with, and execute on, a cost-savings plan within two weeks. There is little upside in pushing out hard decisions like this slowly because of the simple fact that you’re burning gas while you’re deciding. What? He's got three years of runway, but he can't afford to think about a 10% layoff for more than two weeks?