[EasyMark]

Generally to boost numbers for the quarter, it takes a while for the damage to propagate through the system after a mass firing (in terms of new code/features/products) but the profits increase instantly, appeasing investors who think only in terms of weeks and quarters.

[joshspankit]

I’m continually surprised that this tactic still works. It’s been rinsed and repeated so many times that the inevitable damage (and effect on the company financials) is practically boring.