We should be honest about the mental health impacts of layoffs
Every person you lay off from your business is ten times more likely to try and take their own life.
I don’t think senior executives think in those terms. I suspect many are thinking about juicing the bottom line, getting a little stock price bump, maybe making things more efficient, etc. I think large investors think about what is best for their stock values. That’s why CEOs announce layoffs of 10% of the workforce and are rewarded with $100 million bonuses.
