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Message: <blockquote data-quote="Ruin Explorer" data-source="post: 9220460" data-attributes="member: 18">This is great stuff, thank you so much!Not really. They lost their jobs because very senior people made some questionable decisions some time ago, and thus are losing money on a deal (in part because they want to sell eOne without some of it's most valuable assets, like Peppa Pig, which is itself I think perhaps a questionable decision), and are thus making these cuts to make it look like they're still doing a good job to keep the perceived value of Hasbro shares up. This affects the execs both directly and indirectly - directly in that they'll likely have or have options on a lot of shares, and indirectly because a significant loss in share value could negatively impact the company as a whole, perhaps even cause it to get bought by someone else - in which case most of them would likely end up looking for a new job. Layoffs tend to cause people to think "Oh well, their ship was sinking, now they're righting it again!", even if that's not really what's happening. And truthfully it does mean one of the major expenses to a company (the most major in many cases) is decreasing, as grim as it is.It's not intentional cruelty or spite or malice, if you want a negative word for it, it's callousness, or heartlessness - I don't think that makes it better, just different. It's also indicative of a certain way the world works currently which means that the people who make the real errors almost never see the consequences of those errors in a meaningful way (but that's another discussion for another forum).</blockquote>

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