Why is there a CEO job if the only solution to problems is doing a layoff? Any fresher can do that for a small percentage of the CEO salary. Shouldn't an effici

Why is there a CEO job if the only solution to problems is doing a layoff? Any fresher can do that for a small percentage of the CEO salary. Shouldn't an efficient company make layoffs part of their process if share price is the only goal and implement bonus reductions to CEO whenever that happens.