2 ms·
Bottom line: How do these layoffs increase the successful outcome of product launches on the platform in any way?
by officialchicken 4mo ago
Bottom line: How do these layoffs increase the successful outcome of product launches on the platform in any way?
- spacebanana7 4mo agoThe negative metric is more important - if you can cut staff costs by 20% with only 5% reduction in revenue/innovation that’s a win from an investor’s perspective.
- SoftTalker 4mo agoNot really. Investors want profits yes, but value is based on largely on expectations of growth. Declining revenue is not a sign of a healthy, valuable company.
- john_strinlai 4mo agoi think the goal is to increase profit by reducing operating expenses, not to increase the successful outcome of product launches.
- ricardobayes 4mo agoIn my subjective opinion, they don't. Layoffs almost always cause an atmosphere where taking risks is disincentivized.
- fourseventy 4mo agoWell if the company goes out of business because its not making enough profit then all product launches will cease.
- cootsnuck 4mo agoSaying that would be a much more reasonable layoff announcement. "Shit is good. But not that good. If we don't change course now, things may be less than good." If that's what they actually believe, they could just say it. They don't because optics are more important than honesty. Can't spook would be investors. Must control the market's narrative about the viability and growth-trajectory of your company at all times. It's tiring.
- happytoexplain 4mo agoWe like to point this out - but it's very rarely the actual stakes on the table. It's just something we point to to justify layoffs. It's very rare that the thing standing between a business existing and not being able to exist is a round of layoffs. We almost always do layoffs to make more profit, not to save ourselves existentially (which are two related-but-different things, as much as some of us would like to pretend that they are the same thing).