[sangnoir]

If I owned a controlling stake in a business, I'd fire the leadership every time there's evidence of short-term thinking. The problem with public companies is systemic: a large fraction of shareholders want short term appreciation, and so they support and reward short-term mindsets in leaders at the cost of long-term value.

[JumpCrisscross]

> I'd fire the leadership every time there's evidence of short-term thinking

Have you owned a business? Worked for a manager who thought like this? You’re describing the sort of mercurial boss who fires people for disagreeing with them.

[sangnoir]

There's nothing mercurial about firing someone over poor strategic planning. Before you hire someone, you communicate the expectations of the job, amd if an executive prioritizes quick ones over long term big wins, that is a fundamental misalignment in values - not a spur-of-the-moment dismissal.

[JumpCrisscross]

> Before you hire someone, you communicate the expectations of the job, amd if an executive prioritizes quick ones over long term big wins, that is a fundamental misalignment in values

Right, this is micromanaging leadership. You're looking for a manager to execute your vision. Not a leader. Short termism is a problem. But layoffs aren't proof of short-term thinking. If anything, they're a sign of past exuberant optimism.