Earlier quoted context omitted.
> Wouldn't it make the most sense to announce those decisions before making layoffs? Let people self select whether they want to stay and work for you and then make your layoffs after to ensure all teams are properly staffed. He's got huge debt and declining revenue - both of his own making - so he doesn't have time for employees to self-select based on minor incentives. He has to strip down the car fast while someho…
Hiring is expensive, and people can take months to get up to speed on a new role. If too many people quit, he'll have simply wasted money and time. I've joined two teams where everyone previously on the team quit (plenty of openings). There was indeed a benefit to fresh eyes on things, but those projects took months to get back up to speed.
Yes, he's probably screwed either way. Sucks that others are getting screwed as a result of his choices.