I read the referenced (apparently peer reviewed) study hoping that it controlled for this obvious problem, but no. (I don't count that they measured "in a perio

I read the referenced (apparently peer reviewed) study hoping that it controlled for this obvious problem, but no. (I don't count that they measured "in a period characterised by growth" because individual organisational performance is rather noisy.) Maybe I'm the dumb one here, but when I read their results I draw the complete opposite conclusion: layoffs work but they are not a quick fix; it takes some time for the positive effects to kick in. This is somewhat counter-intuitive to me so I suspect there are other confounders (overhiring, measuring financial performance in a complicated way, etc.) but I haven't had time to run the analysis for myself yet. Maybe the data is too sparse to support a more sophisticated model. If someone else would like to give it a shot, it looks like these people have compiled the data in a convenient format, for at least the past two years: https://fueled.com/blog/2022-fortune-1000-companies-spreadsheet-download/ https://fueled.com/blog/2022-fortune-1000-companies-spreadsh...