Your point is important because it puts the 'blame' in the right place. Many people tried to blame the Google layoffs on activist investors. But, if Google was

Your point is important because it puts the 'blame' in the right place. Many people tried to blame the Google layoffs on activist investors. But, if Google was innovating with new products and growth, there never would have been activist investors. And people should not be mistaken, CEOs are on the hot seat now. Either cut more, show they are effectively using the resources they control, or be replaced.