A company with $350B in annual Revenue, $200B in Gross Profit, $100B in Cash in the bank lays off a few hundred people making a few hundred thousand dollars a year each, the savings amount to rounding errors. It's hard to understand what these Tech companies are trying to accomplish with the never ending rolling layoffs other than to engender fear in the workforce. It's like all that Great Resignation and Quiet Quitting stuff a few years back broke the collective brains of the C-Suite and they decided they just cannot tolerate labor having any sort of bargaining power at all and needed to mete out punishment to put workers back in their place.