Take the following as truth: (For some reason, Lands' End's 1995 surplus didn't spawn a Procrastinating Catalogue Shoppers Get Whatever They Want as Late as They Want It story in the Times .) As the Times reports, Lands' End overreacted to the bad year by ordering 20 percent less merchandise for 1996, and suffered for it.
Then the following statement: "Lands' End had to lay off 100s of employees due to 1995's poor sales. " is true, false, or inconclusive?