Because they all need an excuse to get rid of the bottom 10% every once in awhile. It’s not so obvious that’s the reason when they do it all at once. They all h

Because they all need an excuse to get rid of the bottom 10% every once in awhile. It’s not so obvious that’s the reason when they do it all at once. They all have more than enough cash on hand to keep people on through any downturn. Don’t blame them. If it were my company I’d do the same thing. In reality they could cut a lot more and be fine. Elon/Twitter is the extreme example.