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It's like a safe sounding number that cuts back on expenses but doesn't spook your existing employees and investors. Besides, you can always do another 15% in s
by chrisco255 4y ago
It's like a safe sounding number that cuts back on expenses but doesn't spook your existing employees and investors. Besides, you can always do another 15% in six months if need be. If you say, "we're laying off 70% effective immediately" it will sound like the ship is going down.
- CoastalCoder 4y agoIt's a plausible theory. Is there evidence that this is the specific reasoning that companies are using?