They don't always, but I can think of a few reasons why they would: - they're hiring for different specialties and departments than what's being cut - at leas

They don't always, but I can think of a few reasons why they would: - they're hiring for different specialties and departments than what's being cut - at least in theory, they're hiring people who would be above-average workers while laying off those below average - they still need to compensate for normal churn, which is probably exacerbated by the layoffs - they can try giving new candidates weaker compensation to save costs Ultimately, workers are not fungible and it requires active effort to maintain a team as people come and go. This doesn't change during layoffs.