Saving

I might not explain very clearly why I thought it would be an insult to stupid people.

Of course, it is slightly immaterial to talk about the correct tactics of firing 3000 people. A slightly more basic question is: Does it help to achieve the goal?

Alas, I suppose the goal is to cut the cost, in order to maximize the profit.

In that case, the entire plan of cutting 30000 jobs (mostly middle grade and supporting departments) would, after all the hassles, only improve the profit after taxation by less than 10%. Isn't it more easy to cut everyone's bonus by half, or doing away with 6000 senior administrators?

Oh, yes, I applied the 20-80 rule.

PS. The situation is somewhat like calling a meeting within the Hospital Authority with an aim to cut the drug expense.

HA could save more money by simply firing every staff who have the time to attend the meeting.