Some very good coworkers were let go due to failed revenue issues and overall leadership mismanagement.
This layoff is the same as all layoffs...looking for the highest paid
If that doesn't work, then look for those with the most tenure, PTO is gold
Find jobs to eliminate by looking for supposed redundancy
Look at departments with the highest grossing revenue for retention
When the above doesn't work use standard bullying tactics to force people to leave
CDW has an entire strategy they've used for years to layoff people. The latest points to revenue numbers.
The PTO change was the biggest clue. No more accrual, forcing staff to schedule time away based on the schedule provided by HR.