Anything that wastes my time and only reveals its half-assed reasoning half way through the article is indeed worthless.
Or you could just say "there is no way the thing that constantly happens over and over again has happened once again, just no way".
Staff cuts constantly happen in the name of maximising profits. They always yield poor results for a company's performance. Every time. Especially for the consumer's side of it (not the company's finances of course).
Every time.
But maybe this time it's different. That one time.
that said, my suspicion is they're likely on to something here regarding layoffs and quality degradation.