I find it absolutely reprehensible to give a raise of any kind to the C-Suite while doing massive layoffs. If there's a massive amount of overhiring happening,

I find it absolutely reprehensible to give a raise of any kind to the C-Suite while doing massive layoffs. If there's a massive amount of overhiring happening, then the CEO takes responsibility for that. It doesn't make sense to give a raise to someone doing a poor job.