Let the British financial press inform their workforce one morning that 7% of them were getting laid off. And this is despite double-digit revenue/profit growth for the first two quarters of their fiscal year (NCC's Q2 ended on Nov 31). Basically just doing it because everyone else in Big Tech is doing it and the board thinks we should copy them. The next day, they just started shutting off people's accounts with no notice around noon EST. Even people out on client sites had to find out they were laid off in this fashion! Who was laid off was supposedly based on performance/utilization/team size/etc, but was totally arbitrary by all appearances. Apparently, no one outside of the executive suite was even consulted about it or part of the decision-making process. NCC Group has a history of this sort of knee-jerk conservatism. In early 2020, just as the COVID-19 pandemic was beginning, they freaked out and froze hiring and management bonuses, then of course went on to have a bumper year.
