> Wouldn't it make the most sense to announce those decisions before making layoffs? Let people self select whether they want to stay and work for you and then make your layoffs after to ensure all teams are properly staffed.

He's got huge debt and declining revenue - both of his own making - so he doesn't have time for employees to self-select based on minor incentives. He has to strip down the car fast while somehow also keeping it road-worthy and operational. He also wants to recreate the place per his own vision, so it makes sense to get rid of as many people carrying the previous culture as you can and then start hiring as necessary with the kind of people you want.