20% isn't a cut, it's a correction. Most companies at that scale weren't built for output, they were built for coordination: layers managing layers and meetings about meetings. Three founders hitting 20% independently in the same week isn't coincidence. They ran revenue per employee with agents in the mix and the old headcount stopped making sense. When the tool gets cheap, you find out how much of the company existed to work around the tool being expensive. Agents just made coordination cheap, and the labor markets adjust slower than their spreadsheets did.