For those of us who lived through the "Offshoring" Craze of the mid-2000s, this has the exact same arc. Corp CEOs / CFOs golf buddies coouldn't stop yapping about how much they saved paying people less by offshoring. So step 1, they fire a bunch of people and send work overseas, driving up their financial metrics for 5-6 quarters until their staff and their organization finally break at stage 2. Turns out cultural an…
Funny thing is, for all the commenters agreeing that this type of leadership is broken, most of the folks here and everywhere end up always doing the same things once they find themselves in similar positions of power / decision making.
It's easy to see, from the outside, that a given cut stands a high chance of hurting a company. But cuts must sometimes be made regardless