What we need is a clear direction and focus if we want to come out on top again. We should stop resorting to layoffs all the time and instead work on expanding our offerings and customer base as well as exploring new technologies and approaches that can take us to the next level.
We should focus on investing in tools and resources that can enhance our efficiency and effectiveness, instead of getting rid of high earners, which only lowers them. How hard is it to see that?