"We fcked up. Sorry. We really did. We're looking to identify the source of the decision. We'll be placing the person, or group of people, responsible on a performance plan (that will include the leadership team if appropriate). If they make continued similar mistakes, they'll be fired, or their compensation will be impacted. In the mean time, we'll be working hard to help the 17 poor souls who were sacrificed on the alter of this mistake".
Did they fuck up though? I understand that layoffs suck, especially for those who are layed off. But I don’t think a failed business is necessarily a fuck up. Should companies not try anything new out of fear of having to lay people off if it doesn’t work out?
To be clear, lay offs can be caused by fuck ups, but not all are.
"We fcked up. Sorry. We really did. We're looking to identify the source of the decision. We'll be placing the person, or group of people, responsible on a performance plan (that will include the leadership team if appropriate). If they make continued similar mistakes, they'll be fired, or their compensation will be impacted. In the mean time, we'll be working hard to help the 17 poor souls who were sacrificed on the alter of this mistake".