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I think their goal is to make money by guiding the company in the right direction. If your company needs to lay off a large portion of workers that seems to ind
by izzydata 4y ago
I think their goal is to make money by guiding the company in the right direction. If your company needs to lay off a large portion of workers that seems to indicate they failed at something. Either they failed to correctly judge how many people were needed for future growth or they failed to predict the companies direction.
The board might not care about this though. Maybe they even intentionally put themselves in risky positions with too many employees because they see employees as easily disposable.
- hector_vasquez 4y agoDo you fail at driving if you touch your brakes? I don't think so. The best drivers in the world certainly don't seem to think so. It's just one of the control inputs to driving your vehicle. Staffing levels are a resource company execs can increase or decrease as they see fit for the company. This idea that they should only hire someone if they predict they will need them forever is frankly bizarre and indicates a profound misunderstanding of what shareholders expect of their execs.