It's unlikely they're going to hire on anywhere near the same number they layoff. Laying off a large swath of employees, only to have to go through a major hiri

It's unlikely they're going to hire on anywhere near the same number they layoff. Laying off a large swath of employees, only to have to go through a major hiring cycle is extremely inefficient. Finding the right employees is time consuming and expensive. It seems more likely they'll keep the savings as a quick fix to make them look better to investors. As noted in the article, these rumors are coming out close to announcing their fourth-quarter results.