Not sure it really makes a difference. I guess it’s part of the business cycle to over-hire and over-fire, rinse, and repeat. But I think if a CEO’s best accomp

Not sure it really makes a difference. I guess it’s part of the business cycle to over-hire and over-fire, rinse, and repeat. But I think if a CEO’s best accomplishment is laying off a bunch of workers, that’s a pretty poor endorsement. Neither company has meaningfully changed or reinvented their product in the last decade. Still they’re making money hand over fist. In many ways these companies succeed despite their leadership’s best intentions, rather than because of them.