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There is the question of if layoffs saved the company enough to save itself or improve? And with that data you could say layoffs by themselves don't. Today the
by dv_dt 2y ago
There is the question of if layoffs saved the company enough to save itself or improve? And with that data you could say layoffs by themselves don't.
Today the question is why companies making good profits are making layoffs. And looking at the damage they cause is relevant in trying to predict company performance
- dietr1ch 2y ago> There is the question of if layoffs saved the company enough to save itself or improve? They at least secured management a final big bonus for dealing with that, so management and shareholders cash in a bit on the way down.
- dv_dt 2y agoIf the layoffs are taking a company which could be stably growing to one which is going downhill - in that case the execs actually hurting their long term compensation. But i get it, it's like junk food for execs, easy to do, crisp in the action (even if not in the effects). But consumed carelessly its bad for company health
- jaredklewis 2y ago> And with that data you could say layoffs by themselves don't. I think that is one inference too far? Layoffs may have saved some of those companies from bankruptcy. The Bain study is looking at share price performance and offers no data that would resolve that question.