During the recession of 2008 layoffs were everywhere. The Nintendo CEO at the time, Satoru Iwata, took a different path. He shared “If we reduce the number of employees for better short-term financial results, employee morale will decrease. I sincerely doubt employees who fear that they may be laid off will be able to develop software titles that could impress people around the world.” In fact, he cut his own salary by 50% and all of the board members cut their pay by 20% in order to avoid laying anyone off.
Ek you keep bragging about how great a company we are and how great of a leader you are. Just a thought.