H&M has 155,000 people, and the layoffs are primarily back-office staff. As unfortunate as it is, laying off 0.1% of a company of that scale (perhaps not in one

H&M has 155,000 people, and the layoffs are primarily back-office staff. As unfortunate as it is, laying off 0.1% of a company of that scale (perhaps not in one go) has to be somewhat of a standard practice?