Layoffs are bad for the public image, stockholders, etc.
If people quit themselves, they can get rid of a lot of workforce without having to lay them off.
They lose the chance to choose who stays and who goes, but if your bonuses are tied to quarterly results, it doesn't really matter for a quarter or two.
If people quit themselves, they can get rid of a lot of workforce without having to lay them off.
They lose the chance to choose who stays and who goes, but if your bonuses are tied to quarterly results, it doesn't really matter for a quarter or two.