system
A chat on subreddit /r/wallstreetbets
human
A lot of these companies firing everyone easily could have afforded to keep everyone they fired, they just figured they’d take the short term profit over keeping them instead.
gpt
Lot of fat to be trimmed this way.  Companies identify problem people ahead of time and make sure to include them in the layoffs.  Especially ones who may be harder to fire because of illness or characteristics.  Generally layoffs (as long as they aren’t massive and an indication company failing) is good for companies.