To be fair to the CEO, the layoffs were probably happening either way and the tropical team building activity probably didn't have an impact on the size/scale o

To be fair to the CEO, the layoffs were probably happening either way and the tropical team building activity probably didn't have an impact on the size/scale of layoffs. The acquiring company was going to cut head count and needed the impact to show on their financial statements starting Jan 1. No way to keep people through the holidays. The extra expense in the previous year might even have been encouraged because it would make the following year look like they were doing an even better job of stream lining.