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by apparent 22 days ago
I agree that a company in growth mode needs more employees than one in maintenance mode. But wouldn't the owners already have cut unnecessary employees before selling out to PE or similar?
1 comments

> wouldn't the owners already have cut unnecessary employees before selling out to PE or similar?

Usually not. It's emotionally difficult. And knowing what you need and don't need to cut (versus transition or aggregate with your conglomerate's administrative layer) is its own expertise. If you had that, you wouldn't need Bending Spoons or whomever.