[giancarlostoro]

You usually do lay offs because finances aren't doing so good, so you do it to stop the bleeding. Especially if you're a publicly traded company this tells investors you're doing SOMETHING, but for private companies, it's really up to you when and how you do it. I imagine companies with a reasonable war chest that are private try to hold on as long as possible.

[datakan]

This isn't true. You usually do layoffs when you anticipate financial won't be good in coming quarters. If you wait until they aren't good then you're too late and the damage is done. This is why layoffs happen so frequently during "good" quarters.

[morkalork]

It's wild how there isn't officially a recession but many companies are acting like there is

[datakan]

Recession isn't the driving factor. Many companies will actually increase staffing during recession to "grow" out of it. My former company used to go on merger and acquisition sprees during deep recessions so they would be well positioned when it was over.

People really need to look at this stuff more strategically. The knee jerk reactions are not productive.

[Forgeties79]

Generally you’re right damn dude 20% of their staff? They needed to stop the bleeding a long time ago clearly.