The company is laying off people from its core side, and adding new roles, and asking its acquired companies teams to pick those roles. In the end, its headcount is getting reduced, but company will have the same number layoff against new hires.
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It is true - they dont want the employees of the companies they purchase that is just money down the gutter for Mike who sits on his $ 10 mill per annum plus bonuses. Better to out sourse to India and get it dead cheap. Dreadful company even worse CEO