Do Layoffs Signify Bad Management

Steve Pruneau and Asher Black discuss the impact of layoffs on the profitability of a firm, its shareholder value, the fiscal cost of lost morale, and resetting when it’s time to hire again. Facebook’s “Year of Efficiency”. Acknowledging the human wavelength and the revenue value of a firm’s emotional life are central concepts in the #bossrebellion

Discussed:

  • Emotions equal profit
  • Substituting business abstractions for human emotions
  • Selective application of efficiency and profit
  • The fallacy of severing permanent relationships
  • Southwest and the Airline Space Analogy

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