I’ve worked at a couple places that took this layoff philosophy. Twelve months later headcount was back to the same level. More of the best employees left on th

I’ve worked at a couple places that took this layoff philosophy. Twelve months later headcount was back to the same level. More of the best employees left on their own volition after layoffs. Company spent a bunch in severance and damaged reputation for no real gain. Shareholders I guess felt they got their pound of flesh.