What management thinks is good and what employees, especially engineering type employees, think is good are usually counter.

The execs want to run the most profit to cost they can squeeze out, usually short term. The employees see the value in the senior and knowledge rich staff with higher costs long term.

Arguably, management might be more often than not more right in their assessment.

Which hurts me to say. But engineers tend to make for terrible businessmen. (There are exceptions of course, and the opposite is _even worse_)