Layoffs are not bad press. Not to the shareholders, the only ones who matter to these types. I used to think “oh, layoffs mean the company isn’t doing so good,” but shareholders see “they reduced cost but lost no customers, thus increasing value of the company should it be sold.”
Layoffs are not bad press. Not to the shareholders, the only ones who matter to these types. I used to think “oh, layoffs mean the company isn’t doing so good,” but shareholders see “they reduced cost but lost no customers, thus increasing value of the company should it be sold.”