>Is he wrong? I don't think so. He's assuming everyone will grovel back to him and that this can be undone. That's the wrong part. Layoffs will often cost you

>Is he wrong? I don't think so. He's assuming everyone will grovel back to him and that this can be undone. That's the wrong part. Layoffs will often cost you your best employees. Either because you laid them off, because they saw the signs and jumped before the layoffs, or because you end up overworking the post layoffs and they leave over the bad balance. You're never paying 10xer 10x the salary, so the attritiion is usually a matter of when, not if. people aren't machines. They have their own interests and very few want to feel like they are one step away from being let go.