[danans]

> If a company has stagnant growth, that means leadership has made bad decisions, and things have to change.

There is a bigger picture.

Developed economies across the globe are experiencing stagnant growth, and the trickle down economics they have engaged in has failed to fix that.

Knowing this, the wealthiest, through their proxies in corporate leadership and government, are cutting back their biggest cost - employees - to maximize their near term returns, which will then be put into relatively fixed-supply assets, rather than risking capital on new ventures, and the employees that traditionally requires.

Corporations are betting that "growth" going forward is going to come from AI-enabled efficiency and productivity gains, not more employees making more product or innovating on product/service development and delivery. While it's too early to say whether they are right, many signs point in that direction.