Wayfair is laying off 13% of its global workforce

I understand the business needed to grow headcount during pandemic but couldn't they have grown headcount more responsibly to avoid these layoffs? Or are these things just too hard to judge?

> In the latest reductions, the company sought to eliminate senior people in certain areas who had “too much time” and spent that time meeting with other senior leaders instead of actually executing, it said.

That makes sense. But again, how does a company get to that point? It's just insane to me