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Most big companies has done that at some point, why would it lead to a death spiral? Death spiral happens when you cut too late, so you are forced to cut but yo
by Jensson 1y ago
Most big companies has done that at some point, why would it lead to a death spiral? Death spiral happens when you cut too late, so you are forced to cut but you are still running a deficit and just has to cut and cut and cut without thinking.
- imperfect_light 1y agoI'm not arguing that layoffs lead to a death spiral. I'm arguing that if you're on a downward trajectory and your primary strategy is layoffs and cutting expenses, rather than investing, you're not going to recover.