No analogy is a perfect match, that's what makes it an analogy. The water here is the precious resource.
(Yes, I know about copyright law and taint, but there is an awful lot to be done which isn't specifically commiting code to the main project. Unit tests, debugging, porting other software, create a startup for embedded "Windows" deployed with ReactOS with free licensing etc.)
THE Recipe for success, that is.
It doesn't even make sense. They're going to fire 10k people. The result? A 1.2 BILLION charge. Firing these people costs them 120000$ per person. And with that, their personnel cost won't drop until end of Q3 + let's say 2 months, so let's call it 2024. They could have let each of these employees do nothing until 2025 for the same amount of money!
They will definitely hire 20k people by 2025 too. It just seems to awkward and stupid.