My biggest issue is that the current cuts are not being done with any sort of plan beyond "What can I get away with". Hiring at big organizations is complicated and people are not fungible no matter how much companies like Amazon push them to be. Wanting to slash 50k and hire 61k could make total sense if the overlap of skills is limited or non-existent.
I'm pretty left leaning these days, and I'd be fine with cuts, even large cuts around, just with intention and reason behind them. I'm not a fan of the tear it all down that's going on right now.