Read the following premise and answer if the hypothesis is true.
Sept 24 (Reuters) - Chipmaker Marvell Technology Group Ltd said it would cut jobs in its mobile platform business, resulting in a 17 percent reduction in its global workforce. The chipmaker said on Thursday it expects to take a charge of $100 million to $130 million related to the restructuring. The restructuring is currently expected to result in annualized operating savings of $170 million to $220 million, the company said. The company had a total of 7,163 employees at the end of January. (Reporting by Vidya L Nathan in Bengaluru; Editing by Sriraj Kalluvila)
Hypothesis: The company resorted to firings in order to save money.. Is the answer "Yes", "No", or "It's impossible to say"? Respond with only the answer and no additional text.
Yes
Yes.