Why You Should Fire (most of) Your Team

The British physicist and historian, Derek Price, is best remembered for an observation he made, now known as Price’s Law.

The law states that the square root of the number of people in a domain create 50% of the value. This means that in a company of 100 employees, 10 create half the value, and in a company of 1,000, just 31 create a staggering fifty percent of the value.