>> "To stay competitive, we need to remove duplication of work now that we are one Arm; stop work that is no longer critical to our future success; and think about how we get work done."
Sounds good, but it is extremely likely a strong sign that the executive suite does not know what they are doing.
A company cannot achieve greatness by cost-cutting.
This is especially so in these times where it is so hard to find talent. Even if there are some redundancies, your key asset is an existing talent pool that has already been recruited and is up to speed on your products, technology, and internal processes. Strategically redeploying them to greater effect is a sign of knowledge & strength. Merely cutting and hacking is a sign of either incompetence, or that they DGAF and are trying to temporarily make the numbers look better for some near-term result (e.g., the likely pending new China IPO mentioned in the article), and leaving the resulting problems for their successors to deal with.
Sounds good, but it is extremely likely a strong sign that the executive suite does not know what they are doing.
A company cannot achieve greatness by cost-cutting.
This is especially so in these times where it is so hard to find talent. Even if there are some redundancies, your key asset is an existing talent pool that has already been recruited and is up to speed on your products, technology, and internal processes. Strategically redeploying them to greater effect is a sign of knowledge & strength. Merely cutting and hacking is a sign of either incompetence, or that they DGAF and are trying to temporarily make the numbers look better for some near-term result (e.g., the likely pending new China IPO mentioned in the article), and leaving the resulting problems for their successors to deal with.
It is really rather obscene.