If Wall Street was so wise they would only reward meaningful layoffs. Laying off 10% of a company by stack ranking every team accomplishes nothing. Particularly if the company just hires the same number of cut people next quarter.
If a tree has a dead branch, you cut it off. Cutting off 10% of the leaves evenly distributed among branches will remove some dead leaves, but it leaves the source of the problems unaddressed.
alt Hacker News
If Wall Street was so wise they would only reward meaningful layoffs. Laying off 10% of a company by stack ranking every team accomplishes nothing. Particularly if the company just hires the same number of cut people next quarter.
If a tree has a dead branch, you cut it off. Cutting off 10% of the leaves evenly distributed among branches will remove some dead leaves, but it leaves the source of the problems unaddressed.