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Comments (2)
It is the classic corporate race to the bottom. They gut the departments that actually build the products to pad the quarterly earnings reports, then wonder why the market perception starts to sour. When you lose the people who know how things work, you lose your competitive edge. Watching them trade long-term stability for short-term stock bumps is frustrating, but it seems to be the only playbook they have left. Eventually, the cracks in the foundation are going to be too big to paint over with another 'synergy' announcement.
Honestly, the writing has been on the wall for a while now. Management is playing a dangerous game by treating staff as purely expendable numbers on a balance sheet. You can only cut so much muscle before you hit the bone, and it sounds like that point has already passed. Once the institutional knowledge walks out the door, it’s gone for good. Good luck to the people currently caught in the crossfire; it’s usually time to start polishing the resume when the leadership team starts leaning this hard into these endless 'restructuring' cycles.