Not necessarily. It probably means they just overhired, which is a problem at a lot of companies.
They could just plan to get more out of a lower staffing level, this was fairly common in the "re-engineering" triggered layoffs of the early 90s.
My bet is we will see more layoffs like this because managers have erred on the side of overhiring. Now teams are overbuilt and there's no way they need as many employees as they have to achieve their goals.
So they lay them off. We'll be seeing more of this. Management will start erring on the side of cutting staff.
The one constant here is that management is always in error, it's just the direction that has implications for employees.
They could just plan to get more out of a lower staffing level, this was fairly common in the "re-engineering" triggered layoffs of the early 90s.
My bet is we will see more layoffs like this because managers have erred on the side of overhiring. Now teams are overbuilt and there's no way they need as many employees as they have to achieve their goals.
So they lay them off. We'll be seeing more of this. Management will start erring on the side of cutting staff.
The one constant here is that management is always in error, it's just the direction that has implications for employees.