zlacker

>>fancy_+(OP)
Anyone have examples of companies that were in trouble and cut employees and spending heavily and that led them back to success?

My personal experience with working for such companies is that it leads to a death spiral, but I recognize my sample size is small.

>>imperf+wv
Most big companies has done that at some point, why would it lead to a death spiral? Death spiral happens when you cut too late, so you are forced to cut but you are still running a deficit and just has to cut and cut and cut without thinking.

>>Jensso+IW
I'm not arguing that layoffs lead to a death spiral.

I'm arguing that if you're on a downward trajectory and your primary strategy is layoffs and cutting expenses, rather than investing, you're not going to recover.