system
A chat on subreddit /r/wallstreetbets
human
Back of the napkin math. If 5,000 employees left/were fired at an average cost of 200k per year (insurance, benefits, salary etc.) that saves you 1b per year. Even if you say each employee costs 400k per year that saves you 2b per year. So not covering that much in the grand scheme of things.
gpt
He also has to pay their severance fee which cuts into that a bit