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I work for one of the big three and we generally are pretty lean when it comes to staffing.

Our CEO likes to claim it benefits us because then they don't have to do big layoffs during downturns.

"Can't chop off heads if there aren't enough to start with" .... now there's MBA logic for you.

Well, if there are zero consequences to failure, why spend money preventing it? Maybe it does benefit companies in that position.