Institute for the Study of Pointless Metrics

strategy·Published 2026-03

Corporate Holiday Card Visual Complexity and Subsequent Workforce Reduction Announcements: A Positive Association

Principal investigator: Dr. Percival Ashcombe, Chief Research Officer.

13.35.57.8100.54.99.313.618Holiday card visual complexity score (Institute 10-point scale) (score, 1–10)Workforce reduction announced in following 6 months (% of headcount)r = 0.82p < 0.001n = 340
Figure 1. Holiday card visual complexity score (Institute 10-point scale) versus Workforce reduction announced in following 6 months. n = 340.
Companies that send more visually complex holiday cards in a given year are more likely to announce a significant workforce reduction in the following six months.

Methodology

Three hundred and forty corporate holiday cards were collected from a solicitation distributed to Institute subscribers, professional network contacts, and, for twenty-one entries, directly retrieved from social media posts in which companies shared their own cards. Visual complexity was scored by a panel of three Institute raters on a ten-point scale using the Institute's Holiday Communication Complexity Rubric (HCCR), which evaluates foil usage, element count, message word count, and the presence of a custom illustration. Workforce reduction announcements in the following six months were identified from press coverage and SEC filings.

Funding disclosure: Funded by the Institute's Communications Research Reserve. The study's publication was timed to coincide with the holiday card season, a decision the Institute describes as 'methodologically neutral.'

Instruments cited in this study

Full citation

Ashcombe, P. (2026). Corporate Holiday Card Visual Complexity and Subsequent Workforce Reduction Announcements: A Positive Association. Institute for the Study of Pointless Metrics. r = 0.82, p < 0.001, n = 340.