I would say fad is probably a poor choice of words given the perspective "if one CEO thought it was appropriate (they let headcount + salaries creep up too high" and deemed it was in the realm of "action needed to correct", it probably wasn't baseless.
Have you taken a look at the year over year headcount growth of some of these companies? If anything, you could make the argument that 7% isn't enough :/
MuffinFlavored|3 years ago
Have you taken a look at the year over year headcount growth of some of these companies? If anything, you could make the argument that 7% isn't enough :/
bunbunbun|3 years ago