I am having difficulty how public companies can go from wanting to hire anything with a pulse to regretting they have staff. Is this a demonstration that manag

I am having difficulty how public companies can go from wanting to hire anything with a pulse to regretting they have staff. Is this a demonstration that management was clueless last month when massively hiring? Clueless now by massively downsizing? Or just unable to really understand their markets, products and needs? Private companies, yeah, they operate under different guidelines. But Meta (for example) was considered to be loaded.