Layoffs are generally a reduction in force. This could be just one employee or many employees at one time...
https://www.businessnewsdaily.com/15913-lay-off-new-hires.html
5 replies (most recent on top)
U have to understand. When you have senior management hiring Indian employees and promoting these same “yes” men/woman/ others, it makes sense to lay-off the local Silicon Valley boys and girls. And then replace them with remote Indians, it is a win-win. Who cares about the true costs or ROI? Middle management can cover anything, just like cats.
Oracle RIF'ed our team, then tried to hire us all back just a couple of months later. This is on the west coast so everyone quickly found new jobs elsewhere, and are making way more money.
That's like selling your Ford Shelby GT500, to a joyriding teen, then buying it back the next day for more than you sold it for. Another example of their typical brilliant employee retention strategy.
Sure, lay off expensive, experienced engineers in an expensive part of the world, then replace them with 1.5 more new cheaper engineers from a less expensive part of the world.
That's how you lay off and hire at the same time.
Well (and I cannot stress this enough), duh.
Unless you work in HR, I don't see why anybody here would care.