These companies include the most valuable companies making record profits. They aren't struggling to survive. They are bowing to institutional investor demands to eek out another penny because the alternative is they get replaced by the board.
Fitness is a relative thing, especially when competing for limited resources, like institutional investor money. Everyone has to be prepared before it’s too late.
By the way, standing as workers, I wish they wouldn't resort to layoffs as the usual route when facing challenges, but sadly, excel competence is required to make it happen, and not many have it.
