> I don't really get why layoffs mean that the company was not managed correctly. Probably the part where they very directly attributed the layoff to mismanage

> I don't really get why layoffs mean that the company was not managed correctly. Probably the part where they very directly attributed the layoff to mismanagement. > We’ve heard from many of you that our organizational structure has become overly complex, with excess layers of management slowing us down. > [We're] designing a flatter, more efficient team structure overall.