3 ms·
>> Layoffs are what happens when a business unit is spending money like it's going out of style and needs to reign it in a bit. Not necessarily. There are a nu
by brianmcc 3y ago
>> Layoffs are what happens when a business unit is spending money like it's going out of style and needs to reign it in a bit.
Not necessarily. There are a number of other reasons e.g. revenues and profits are great but CEO wants even more $$$, or more charitably: strategies change and business units become genuinely obsolete.
I'm honestly not even trying to be snarky, btw. But one can't infer any more that layoffs means dwindling funds.
- fjeifisjf 3y ago[dead]
- adrianmsmith 3y agoAgreed - my understanding of the recent layoffs at Google etc. is that the companies were making lots of money, but did layoffs anyway. (And the stock price increased, as now they'll have fewer costs and, at least in the short term, therefore make even more profit.)