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Eh. You can't layoff your way to business growth. At most it can move some ratios that Wall St cares about and induce model-driven stock movements. Sustained re
by roncesvalles 4y ago
Eh. You can't layoff your way to business growth. At most it can move some ratios that Wall St cares about and induce model-driven stock movements. Sustained revenue growth at tech companies comes from making investments that grow the business.
There is a difference between cutting costs because you've discovered efficiency improvements, and cutting costs because you've decided to decrease your output. Tech layoffs are more of the latter.