But, as an employer, I've been given the advice "cut once, cut deep" many times. The theory (which I understand) is that employees get skittish once you get to a second or third cut.
The author suggests some companies could stand a 50% cut if that is what is needed.
This month though we've seen twitter cull 50% and twitter users, and customers (advertisers) became equally skittish.
Do twitter employees feel safe? Does the "cut once, cut deep" have the desired effect here? Are customers reassured [1]?
Maybe twitter is a unique case because of other factors - Elon? The fact that people can make their opinions heard on, well, twitter? The fact that other media are reliant on twitter traffic and buzz?
My guess is that employ confidence after a round of layoffs is dependant on their faith in management to begin with, and the clarity of communication between management and staff. Perhaps a transparent financial reality helps employees understand that what they do affects the bottom line, and that line pays their salaries.