Layoffs and its detrimental effect on the staff is a failure of management.
Whether it's expanding too fast as Jack Dorsey admitted to in the recent Twitter layoffs or other reasons such as bad strategy, poor execution, or incompetency, it's a failure of management like the TINOs since 2015.
It's interesting to note that when a team doesn't reach a goal or win a championship, they don't fire the players. They fire the coaches and management.
However, we don't see that with the TINOs. This is why there's lack of trust on these folks with no integrity or morale. How many people can be saved from layoffs with the firing of a few incompetent, useless VPS? Does it matter if those VPs are around ?