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taway902101

Here is the software engineering equivalent:

- golf buddy convinces CEO of well-run software shop: your company is way too inefficient "your per-employee ratios are off the charts low!"

- golf buddy gets hired as Chief Strategy Officer, hires a bunch of high paid underlings

- they decide the freeze wages, reduces bonuses, reduces benefits for software engineers. Lots of savings to show! (unless you also count inflated salaries of new management)

- Software engineers demoralized, best ones move on to better jobs, adverse selection, more demoralization

- Golf buddy hires more project managers -- because obviously the answer to underpaid SWEs is to hire more managers. Beatings will continue until morale improves.

- Now the company really does have bad metrics. Decisions are made to offshore half the staff -- save 30%, but increase work for onshore staff. Offshore staff is great, but at a disadvantage due to distance and not having context/proximity to business.

- Golf buddy hires product managers to better define specs, more project managers to produce more reports.

- Gold buddy, his friends, ride off with their big paychecks to spoil the next company