I believe the claim that execs would make is that natural attrition isn’t fast enough, especially during economic slowdowns where opportunities to jump ship are

I believe the claim that execs would make is that natural attrition isn’t fast enough, especially during economic slowdowns where opportunities to jump ship are at an all time low. Further, there’s a good chance that the execs have taken it into consideration already, IE they need an 8% reduction so they layoff 6% and assume 2% through attrition. The skeptic in me also suspects that this isn’t just about cutting expenses - they’re wanting to send a message to those who remain that it’s time to get to work and achieve some results. IMO it actually ends up demotivating and turns people away from trusting the org, but rather prepping to jump ship.