> ”By reducing the size of our team, fewer conversations will be required to make a decision, and each person will be more load-bearing and have more scope and impact,” Wang writes in a memo seen by Axios.
That's kinda wild. I'm kinda shocked they put it in writing.
Why not just move people around you may ask?
Possibly: different skill requirements
More likely: people in charge change, and they usually want “their people” around
Most definitely: the people being let go were hired when stock price was lower, making their compensation much higher. Getting new people in at high stock price allows company to save money
Also, planning reorgs is a ton of work when you never bothered to learn what anyone does and have no real vision for what they should be doing.
If your paycheck goes up no matter what, why not just fire a bunch of them, shamelessly rehire the ones who turned out to be essential (luckily the job market isn't great), declare victory regardless of outcome, and you get to skip all that hard work?
Nevermind long term impacts, you'll probably be gone and a VP at goog or oracle by then!