I have learned a valuable lesson regarding company layoffs after criticizing many real world layoffs.
So I opened a law office in the best office building I could find and proceeded to gradually fill it out. The space could handle 50 customers per hour, and you needed 50 work stations in order to accommodate that many customers, so I eventually filled it out, all the while hiring and training attorneys and working on my marketing campaigns. Of course, I kept track of the daily profits, and at one point, I was bringing in around 15k profit a day. I thought, this is going to be pretty good when it's fully built out. But then the profits started dropping. I adjusted marketing efforts, etc. all the while hiring and training more lawyers. Finally I had what I had planned to have, but my profits were down to 4k a day. I tried various things, but eventually could only draw one conclusion: I had out shot the market. And so, making 4k profits a day, I laid off 1/4 of my lawyers, and immediately my daily profits rose to 10k. Now I need to lay off more to get back to that 15k I was making before.
Bottom line: I need to have a new perspective when real world companies start laying off employees even though they are turning a profit.
So I opened a law office in the best office building I could find and proceeded to gradually fill it out. The space could handle 50 customers per hour, and you needed 50 work stations in order to accommodate that many customers, so I eventually filled it out, all the while hiring and training attorneys and working on my marketing campaigns. Of course, I kept track of the daily profits, and at one point, I was bringing in around 15k profit a day. I thought, this is going to be pretty good when it's fully built out. But then the profits started dropping. I adjusted marketing efforts, etc. all the while hiring and training more lawyers. Finally I had what I had planned to have, but my profits were down to 4k a day. I tried various things, but eventually could only draw one conclusion: I had out shot the market. And so, making 4k profits a day, I laid off 1/4 of my lawyers, and immediately my daily profits rose to 10k. Now I need to lay off more to get back to that 15k I was making before.
Bottom line: I need to have a new perspective when real world companies start laying off employees even though they are turning a profit.