Isn't there a set procedure for companies to report performance (of the company's finances, not individual employeess)-based layoffs like this to the Feds?

What are they going to do, say "no, you owe these people jobs, go take out a loan?" Well, maybe if the company can't demonstrate that they actually need to drop so many people, but this sort of seems like they're being lazy and cheap, at best.

Y'know, it's starting to really seem like the market simply is not willing to accept how expensive things are.