They should cut people when they have a down quarter, a project fails and there is no where for those people to transfer to, or poor performance.

Tossing people out as a giant tech company after a profitable quarter is non-sense. They have money to be innovative, why are they choosing not to push that back into more attempts at products.

People expect bad news if the company gets bad news. If a company cuts after good news, people are going to lose faith in either their truthfulness (ie: are they cooking the books), their loyalty to employees, or both.