[grok22]

I think managers will do that (keep popel around just in case), but businessmen (or CEO's) will optimize for what's best for the business. No? A lower-level manager who actually sees the nitty-gritty of getting something done will not really have as much of a say in the broader business.

[rightbyte]

> businessmen (or CEO's) will optimize for what's best for the business. No?

Really? I feel most optimize for their short term bonuses. Which makes them take too great risks since they won't owe the shareholders anything if they fail. Like all these overhiring sprees.

[grok22]

Yeah, CEO's likely optimize for their bonuses...depressing to think about it; but most likely the CEO's compensation is aligned to what the company wants to be the outcome financially.