Don't get me wrong - in no way do I justify the layoff of long-term employees but to some extent I can understand why they are a target, given that the ultimate goal is to cut costs as much as possible.
However, I hear that among the cut employees there are plenty of those who were hired not so long ago. What's the point of hiring people and firing them in just a few months? To me, it's just a huge waste of money and energy. Does anyone have insights on how many newbies are laid off?