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> Any company with multiple rounds of layoffs is unhealthy Isn't this too black and white of a statement? We just got out of a massive money printing/demand sp
by MuffinFlavored 4y ago
> Any company with multiple rounds of layoffs is unhealthy
Isn't this too black and white of a statement? We just got out of a massive money printing/demand spike that was COVID
It's generally agreed upon as business 101 "scale up to capture growth opportunities"
Businesses did that.
Now it's scale down time. Businesses are doing that.
What part of that is unhealthy?
- deleted 4y ago[deleted]
- disgruntledphd2 4y agoThe multiple part is the most important part of the statement you're quoting. The general idea is to cut deeply once so that it never needs to happen again.
- MuffinFlavored 4y agoI think a huge portion of the balance between "hire / grow head count" and "layoff / shrink head count" is linked to the Federal Funds Rate and whether corporations are ready to get rid of X (where X is the number of people they need to adjust head count wise to account for the Federal Funds Rate going from 0.25% -> 5.25% in 12 months) Maybe they don't believe the Fed and are hopeful for a pivot?