I think the employees who will get fired will receive a decent severance and they shouldn't have a too hard time finding a new job - especially the technical em

I think the employees who will get fired will receive a decent severance and they shouldn't have a too hard time finding a new job - especially the technical employees. Also what you describe - reducing wage pressure and taming the employees - is something a company ruled by MBAs would want all the time, so I don't see what is has to do with the economy recovering or not. In my opinion they just want to cut down the fat.