Just a personal anecdote, but at my place of employment we had a wave of layoffs late last year. As part of the process 4 top-level execs "left", although I think saying they were "dismissed" is more accurate.

I am not certain, but it might have been nearly half the people at this level let go. And then there was a trail of layoffs all the way down the leadership chain. Of course the most people let go in absolute numbers are the individual contributors.