Yes, I accept that is the nature of the beast for a publicly traded company. But I have not heard stories about my company playing stupid games like that. Probably because they are big enough that it would create legal risk and they know they will probably want to rehire some of the people getting layed off some time in the future.

[–] MasterBlaster@lemmy.world 2 points 2 days ago

This more often happen in companies owned by private equity. They don't have to report anything to anybody or worry about shareholder revolts.