Carl Icahn: "I Fired 12 Floors of People"
Investor Talk
Why leaders watch it
Icahn tells the story of an activist investment and large layoffs, an unvarnished view of cost-cutting decisions.
A short clip in which Carl Icahn tells the story of his first activist investment and of firing 12 floors of people, arguing activism need not be short term.
Takeaways
- Overstaffed bureaucracies hide inefficiency
- Activist investors push for cuts
- Decisive restructuring has human costs
Topics: Change & transformation, Decision making & mental models
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