But you forgot to mention one vital thing: layoffs make the financial sheets look much better at given spot, and the C*Oes might even get a bonus for it. Giving

But you forgot to mention one vital thing: layoffs make the financial sheets look much better at given spot, and the C*Oes might even get a bonus for it. Giving in most of the cases, the executives are just employees, they cannot care less if the company and/or employees doing the actual work hurt in the next couple of years as by which time they might have either secured a new job from another company by delivering the layoffs "successfully" or walked out with a decent paycheck.