Exactly..smooth brains think it’s just random
What people don’t understand about running a business when cash flow goes to shit..you need to eliminate fixed expenses ASAP and immediately stop hiring.
If the business functioned “yesterday” then we don’t need more people tomorrow. You need to reset and refocus.
So there is an immediate hiring freeze, which goes for anyone in the training pipeline unless they are superheros.
Sounds familiar right..probationary are now let go
Next up you stop all spending budgets and have management sign off on any expenditure from buying pencils to parts. That immediately stops frivolous spending as well as reviewing the mangers who are signing off on expenses…are they capable.
Sounds familiar right..credit cards with 1$ limit
Some babies get tossed with the bath water..just the way it goes. When a mistake is made you rehire or hire new.
The ones who don’t understand this never sat in a C-suite meeting and never had to make decisions that matter for the future of a company more than 100 people..usually those opinions come from the same people who think they know how to build a car better than “Toyota” because there’s a screw that’s hard to get to.