Management

The CEO Who Took the Bus

Companies fire people to preserve cash. But unemployed people can't buy your products. One CEO did the opposite — and it worked.

The CEO Who Took the Bus

I keep noticing a paradox that nobody seems to talk about.

Companies fire employees to preserve cash or stop burning money. Boards celebrate “headcount reductions” as strategic wins. But here’s what bothers me — unemployed people can’t buy your products or services. You’re cutting your own customer base and calling it efficiency.

I’ve seen it play out more than once. You trim the team, and suddenly productivity drops. Quality takes a hit. The work that used to be tight starts slipping. And the customers you still have? They get a worse experience. Short-term savings, long-term damage — every time.