Mass Layoffs: Hello McDonalds!

 Thesis: Any time you see a mass layoff (hello, McDonalds HQ!), it means upper management did a horrible job running its business. Senior officials of huge companies have access to the best planning and forecasting tools/consultants/data, and if there is need for a downsizing (which there shouldn't be for McD's, as its earnings are strong now), that can usually be accommodated via natural attrition and slowed-down hiring, with maybe a few targeted terminations for poor performance, but never a mass layoff. And it would be nice to see more companies demonstrate some loyalty to the poeple who work hard to help the company succeed. Shame. It is therefore the most-senior management who should be terminated, because it is they who have failed.

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