There's tons of lazy freeloaders, dead-end projects, products that need to be cancelled, toxic underperformers, etc. All of these lead to layoffs, because firin

There's tons of lazy freeloaders, dead-end projects, products that need to be cancelled, toxic underperformers, etc. All of these lead to layoffs, because firing individual people is harder, and it's nicer to just let people go in annual waves.