[Danieru]

Except these layoffs are not what killed the company.

The company has been dead for a while, reality is just slow to adjust.

Do not think of it as a company dieing but rather thousands of brilliant souls being released from enslavement.

[kabdib]

Having worked for a large "dead, but didn't know it yet" company in the past: Yup. In the later layoffs, when they had run out of dead wood and were cutting into great, productive workers, it was entirely unclear who the lucky people were. I heard of people getting axed on a thursday who were working at a new place the next week, with higher pay.