I would imagine a lot of the firings are new hires, or people being replaced by new people who are a better fit; so it really depends on the rate your company i

I would imagine a lot of the firings are new hires, or people being replaced by new people who are a better fit; so it really depends on the rate your company is growing. If the company is growing 10% a year and firing 5% a year you're still growing significantly. So I think it's pretty important to look at the rate of hiring, not just the rate of firing.