I’m not following the analogy here. What is a dead cat bounce - does it describe the stock curve?
> A dead cat bounce is a temporary, short-lived recovery of asset prices from a prolonged decline or a bear market that is followed by the continuation of the downtrend. Frequently, downtrends are interrupted by brief periods of recovery—or small rallies—during which prices temporarily rise.
> The name "dead cat bounce" is based on the notion that even a dead cat will bounce if it falls far enough and fast enough. It is an example of a sucker's rally.
"if you throw it out the top floor window, even a dead cat would bounce". I shouldn't use the phrase though, as I'm actually very fond of cats. I think it's an example of society's bias against cats. If it were called "dead dog bounce" it would likely be taboo
“There is one thing that is absolutely certain about throwing a dead cat on the dining room table […] they will be talking about the dead cat – the thing you want them to talk about – and they will not be talking about the issue that has been causing you so much grief.”
The trouble here is that the sentence no longer fulfills its cat-given goal of representing every English alphabet letter.
I'm not sure why this is such a common take. Many functions in a typical business, overstaffed or lean, could be greatly pared back without an immediate impact. UX, UR, product, legal, HR, design, recruiting, infosec, analytics, marketing, sales, facilities, etc. The question is will it have a negative impact 6 or 12 or 24 months down the road.
I have no personal knowledge on whether Twitter was overstaffed but the "we got rid of X, Y, Z and the business hasn't collapsed yet so must not be needed!" is a bad take.
People quit all the time and they get replaced. It's the same thing with layoffs. Another thing is that a lot of positions are filled by people that are over educated or experience for the job they hold. They do it simply because that person wants to work for a FAANG and are open to getting any position they can. My suspicion is that a lot of people are going to move jobs as jobs become available and some positions will be merged from say 2 to 1. I'm sure it's crazy now but they will be fine.
Naive investors in the tech bubble forgot the hotdog stand problem: https://seekingalpha.com/article/4558508-what-hotdog-vendors... so many got burned and they aren't coming back any time soon.