i dont think your interpretations are mutually exclusive are / were we in the downturn? when in a downturn should a company start downsizing? i dont think all

i dont think your interpretations are mutually exclusive are / were we in the downturn? when in a downturn should a company start downsizing? i dont think all these HR departments saw some objective point pass and base the layoffs on that. theyre watching what everyone else is doing.