Reminds me of something I was taught by one of the best execs I've worked for: 1 round of layoffs, if it has to happen, is a good thing. Better to do it when ne

Reminds me of something I was taught by one of the best execs I've worked for: 1 round of layoffs, if it has to happen, is a good thing. Better to do it when needed than not do it and the whole company dies soon afterward. Multiple rounds of layoffs means they still haven't addressed the problem and probably don't even know what it is. Hiring right up until the last minute sounds like a similar situation. It's an emergency move - if they don't make their hiring smarter it's going to repeat itself.