I wouldn't call it morally indefensible for companies to make layoffs after the hiring irrational exuberance that occured in 2021. They're trimming fat. I woul

I wouldn't call it morally indefensible for companies to make layoffs after the hiring irrational exuberance that occured in 2021. They're trimming fat. I would use that label for a Private Equity firm leveraged buyout, followed by a complete gutting of employees, then a quick flip for profit.