This is literally how all commerce works, though. If someone opens a restaurant, for example, it's a bet that there's a market for the food they're preparing, and that their staff will be capable of being able to meet the demand. Sometimes you're right, and sometimes you're wrong.
and destroying their future plans they might have set in motion that will be derailed because of management's incompetance, they don't have money that much money to float on specially in this economy where everything is overpriced, almost like they are humans with their own histories and possibly other people depending on them, did you really try and consider their perspective or was dehumanizing them your first instinct?
but i doubt management will be fired will it? they'll end up with nice fat stacks of bonuses for making terrible business decisions
Believe me, I have very very close experience with what it’s like to go through layoffs, and I feel for those who have just now realized that nothing in this world is guaranteed.
But griping that management should have kept paying salaries when the money wasn’t there won’t get anyone anywhere. Take your severance, hone your skills, apply for jobs. If you can, maybe take some time to go on a trip. Life will go on.
Companies don't stay profitable by investing in unprofitable markets, though. If they don't think this approach is going to work out long-term, they should stop spending money on it, even if that means reducing headcount.
This is a really poor approach to discourse. I imagine you don't really think that every job must last forever. Jobs come and go, and working them means we can live and make choices. It's not fun being laid off (I have been), but it's just life.
People should know that know job is permanent and plan accordingly. Do you really expect to work at one company the rest of your career and get a gold watch and a pension ?
But why shouldn't we expect to be able to work for one company and earn a gold watch (at some anniversary date, I guess?) and a pension?
It used to work that way. Why not now? It worked that way for my grandpa. It looked like it was going to work that way for my dad, until the corporate world did its huge pension rug-pulls. But it could still work that way.
I have a pension now (Sweden). My wife has one (Germany). You could, too.