Maybe it's just me - but isn't firing so many people in such a short time period a clear sign of extremely bad management? Whether or not it's the "fault" of t

Maybe it's just me - but isn't firing so many people in such a short time period a clear sign of extremely bad management? Whether or not it's the "fault" of the current or previous management, I don't know, but it nevertheless looks like extremely poor planning. If you hired so many people, and then fired them all again so quickly - doesn't that show a lack of foresight? I always feel sorry for the employees in situations like this, and I wonder how is it that such poor managers (as is shown by falling profits/market share/firing everyone) end up running the place. Then I remember that the world is extremely random and move on my merry way.