2 ms·
> sending off emails to someone saying hey we need to do layoffs too? This is absolutely happening, and if not from the C Suite then from the board and other i
by claytonjy 4y ago
> sending off emails to someone saying hey we need to do layoffs too?
This is absolutely happening, and if not from the C Suite then from the board and other investors.
Yes, virtually all companies have plenty of bloat that can be trimmed, but trimming it a year ago would be a negative signal to investors. Now it's a positive signal, so layoffs are happening. They will continue to happen until companies are punished for it rather than being rewarded for it.