People seem to be assume they layoff only poor-performers. That’s not even close to true - in the case of layoffs anyway not the annual trimming some companies

People seem to be assume they layoff only poor-performers. That’s not even close to true - in the case of layoffs anyway not the annual trimming some companies do. Entire depts will be laid off. In all likelihood some of these people will get their severance and also get to rejoin soon-ish with a pay bump. It also leaves a bad taste in the mouth. All in all, indiscriminate layoffs - like the ones happening now are just self-goals.