Not what happened with some of the recent layoffs. Some big tech companies generate huge revenues, laid off 5-10% of people (sometimes with false pretext of performance), and do keep hiring at the same time or soon after. This happens not to reduce cost but to stress out remaining employees.
Not what happened with some of the recent layoffs. Some big tech companies generate huge revenues, laid off 5-10% of people (sometimes with false pretext of performance), and do keep hiring at the same time or soon after. This happens not to reduce cost but to stress out remaining employees.