Hypothesis: they overhired because they were worried about difficulty hiring in the future, and are now laying off people they never actually needed but were holding onto in case they were needed later. Their staffing needs could stay exactly the same, but if they stop being afraid of hiring difficulties they don’t need to lock people in ahead of time.
Hypothesis: they overhired because they were worried about difficulty hiring in the future, and are now laying off people they never actually needed but were holding onto in case they were needed later. Their staffing needs could stay exactly the same, but if they stop being afraid of hiring difficulties they don’t need to lock people in ahead of time.