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This seems to be just par for the course for very large companies I’ve been associated with. Major downsizing exercises are so painful and expensive that you g
by onecommentman 1y ago
This seems to be just par for the course for very large companies I’ve been associated with. Major downsizing exercises are so painful and expensive that you go overboard a bit when you execute one, because you don’t want to have another one for a while (say 4 years in this case). The extra money you pay in returning some employees on a lucrative contract basis is made up for by the sheer size of the headcount reduction and the speed and simplicity of implementation. “Kill them all and let God sort them out.” “The kindest executioner has the sharpest blade.”