Round after round of layoffs is terrible for morale and drives away existing good talent. Layoffs should cut deep... once. Corporations these days are rehashing the unwise, bureaucratic stupidity of decades past.
Yep. Wage suppression and insta stock bump. Publicly- and private equity-owned corporations are inherently unstable beasts. Knowledge workers and ordinary workers need to band together and start their own co-ops that stay private, partially collectively-owned, have retirement plans, high performance people, pride in their goods and services, high job satisfaction, and very low turnover because everyone is trying to join them.