> I have to think they will lose at least 10% just through attrition. Which is one of the benefits of making such an announcement. You don't have to pay sever

> I have to think they will lose at least 10% just through attrition. Which is one of the benefits of making such an announcement. You don't have to pay severance or unemployment benefits to those who quit on their own. And if you are already treating headcount as a fungible commodity, it's a pure win for the HR department.