• fartsparkles@sh.itjust.works
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    1 year ago

    It’s what hedges and private equity investors want to see. Trimming the fat is easy financial engineering to make the books look better in the short term since they usually only stick around for 2 to 4 years before divesting.

    • themeatbridge@lemmy.world
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      1 year ago

      Yep, and it results in lower employee morale, reduced efficiency, higher turnover, and long-term project abandonment. You can’t trim the fat off a workhorse without slaughtering it.