This would be my preferred approach as an employee… get in, move quickly, then announce layoffs are done. From the beginning his investment thesis was that the headcount is extremely bloated (and from my perspective it’s hard to disagree), so this isn’t a surprise or news to anyone.

The alternative approach is to do what CNN is doing by announcing significant structural changes are coming and let employees spend the next 6 months wondering if they will have a job. The psychological toll of this approach seems horrible to me.

https://amp.cnn.com/cnn/2022/10/26/media/cnn-employees-relia...