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by dv_dt 468 days ago
There is the question of if layoffs saved the company enough to save itself or improve? And with that data you could say layoffs by themselves don't.

Today the question is why companies making good profits are making layoffs. And looking at the damage they cause is relevant in trying to predict company performance
2 comments
jaredklewis 467 days ago
> And with that data you could say layoffs by themselves don't.

I think that is one inference too far? Layoffs may have saved some of those companies from bankruptcy. The Bain study is looking at share price performance and offers no data that would resolve that question.

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dietr1ch 467 days ago
> There is the question of if layoffs saved the company enough to save itself or improve?

They at least secured management a final big bonus for dealing with that, so management and shareholders cash in a bit on the way down.

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dv_dt 467 days ago
If the layoffs are taking a company which could be stably growing to one which is going downhill - in that case the execs actually hurting their long term compensation.

But i get it, it's like junk food for execs, easy to do, crisp in the action (even if not in the effects). But consumed carelessly its bad for company health

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