TSMC chief C.C. Wei told staff they’ll see more than a 30% bump in their profit-sharing payouts this year on average.
CSCO je-k Chuck Robbins told staff we had record revenue but will enforce discipline with another round of LRs.
6 replies (most recent on top)
@bv There is a whole management literature on this, including a paper literally titled “D-mb and D-mber: The Impact of Downsizing on Firm Performance as Moderated by Industry Conditions” by James P. Guthrie et al.
Someone with too much spare time on his hands 😂 who cares, can you control this? If no go read a book, swipe on hinge or useful things
@br A brother who cares.
It's not Chuck, it's the CFO implementing his very specific strategy of growing the bottom line faster than the top. Ask any AI engine what that means, how employees react, and if it's a viable long-term strategy.
Brother who cares
This is America. Love it or leave it (say, to Taiwan)!