the reason has nothing to do with the ones being let go.
It's about the people who remain: they're gonna be working a lot harder when they see their colleagues laid off. No one wants to be next. It's like running away from an alligator. You don't have to be faster than the alligator, you just need to be faster than your friends.
Are there any proof of this, that it's making people work harder?
If there is, does it offset the potential tendency of workers to not want to help new hires getting up to speed in fear of being eaten by the alligator?
What about teams that turn around and beat the alligator to death with sticks. It sounds like the foundation of civilization.
Maybe cooperation is not for co-operations. Who knows.
