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Re:Microsoft Lays Off 10k (5%) Workers by smugma on Wednesday January 18, 2023 @12:21PM (#34429686)
Other companies stopped backfilling a while ago but doesn't mean they plan on laying people off (and you can look at 2008-2010 for reference to see that some companies didn't backfill but didn't have layoffs). Not over-growing and then shrinking through attrition is one way to rightsize a company in tougher times.
Re:Microsoft Lays Off 10k (5%) Workers by JackFr on Wednesday January 18, 2023 @12:53PM (#34430218)
Absolutely - but absent corporate communications saying "Everything is great" or "OMG we're doomed.", it's a very relevant data point.