>And if you must, cut deep and cut only once. Trickling out monthly layoffs is far more demoralizing and instills a culture of fear and uncertainty.
It's a huge red flag. Layoffs typically lead to more people leaving the company after the fact because of the instability. I was one of the "last man standing," after a company did this over a period of a few quarters and I ended up leaving shortly after. They no longer had anyone to maintain their software. Oops.
They taught this in business school back in the 1990s. I don't know why a company the caliber of Google wouldn't understand this. It could be the execs think that Google is such a stellar place to work that none of the remaining people would dare leave. It could be the execs are so self concerned, they don't care about anything other than their bonuses and just make sure to get cuts in before each quarter ends to pad their bonus. It could be business schools just don't teach this anymore.