Prisoners dilemma. Who needs to say it when everyone knows it's in everyone's interests to play the game. I feel that a lot of these layoffs are really the resu

Prisoners dilemma. Who needs to say it when everyone knows it's in everyone's interests to play the game. I feel that a lot of these layoffs are really the result of delusional hiring euphoria vs malicious anti-employee strategies, but I wouldn't say that companies would avoid "needless" spending when they could be adjusted for a no-net-los outcome.