So one thing I was curious about is those who were laying off (at least the big 4) have xyz billions in the bank. If there is truly fat then it can be trimmed by either flattening the org, cutting down pay, changing work hours etc (nobody works just 40 hrs anymore). So the layoffs seem clearly for paying homage to wall st. What would happen if one of these CEOs grew a pair and held off and directed the fat to muscle? Yes their share price would fall in the short term but surely with the trillions and "toughening + austerity" wouldnt a company actually innovate and build more? It seems like the homage to wall st is needed because when CEOs go on their next play they need wall st for a good reference by the looks of it.