> but I think a company seeing layoffs as an embarrassing last resort is a positive trait.
Don’t most companies think of layoffs as a last resort? I don’t think one ought to be embarrassed about correcting course when you have made a mistake. It takes courage.
How many mistakes does it take to layoff 30% of your work force in a few months (Lucid)?
Embarrassment should always be warranted when you make mistake on a scale where you are laying off a percentage of your work force instead of a couple of people.