[johnnyanmac]

1. Over hiring isn't really a thing here. They knew what they were doing and knew they could just kick people out if things changed. I don't like that term to describe the situation.

2. That's how it is for most of these high profile layoffs. They are profitable but do layoffs so they can report record revenue later. It's not about "we can't afford workers", it's about blatant greed in 90% of cases this decade.

3. Yeah, talent retention is gone this decade. They don't care about growth or fostering future labor.