> It's a meaningless nonsense tautology? Is that the level of leadership there?

I don't understand why everyone always likes to bitch about why their preferred wordsmithed version of a layoff announcement didn't make it in. Layoffs suck, no question, but the complaining that leadership didn't use the right words to do this generally shitty thing is pointless IMO. The words don't really matter much at that point anyway, only the actions (e.g. severance or real possibility of joining another team).

My read of the announcement is basically saying they over-hired and had too many people causing a net hit to forward progress. Yeah, that sucks, but I don't find anything shocking or particularly poorly handled there.

There's a segment of people convinced that leadership must somehow be able to perfectly predict the future or they're incompetent losers, like running a business is somehow the easy part of capitalism.

Running a business is definitely the easy part of capitalism. Most leadership isn't just bad, they're bafflingly incompetent. Most companies fail. Of those that fail, they usually fail in extremely obvious ways built off of fundamental character flaws, like stubbornness or greed.

Tell me you've never a business without telling me you've never run a business. You're pulling things out of thin air and using it to support a position with no foundation.

... and bear more load as well.