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Carl Icahn: "I Fired 12 Floors of People"

Investor Talk · 1.3M views · 2019-08-24 · 8:35

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Overview

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.

On Hacker News

Used as an anecdote in layoff and cost-cutting debates: the company supposedly never noticed what the fired staff had done.

Discussed on HN; no positive recommendation is recorded in this export · HN mentions 2022–2025

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What people said

WatchDog · 2025-02 · Reference

The strategy is: Shut down everything, and see who complains. If the complaints seem well reasoned, then you adjust course. You can certainly argue that it is crude, but it’s simpler than trying to deeply analyze and understand a very complicated system. Carl Icahn has a story[0] about firing 12 floors of people that seems relevant [0]: [VIDEO]

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mouse_ · 2023-02 · Reference

I get it, but never forget the flipside. Here is a good anecdotal example of just how wrong things can go: [VIDEO]

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skippyboxedhero · 2023-02 · Reference

Classic Carl Icahn story about firing a building full of people and never discovering what they did - [VIDEO]

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Sources

Video by Investor Talk, played through YouTube.

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