Actually it is the current comic trend. The business is sound and we are doing great but we will reduce workforce for pleasure.

I think that in most places the business is going bad in fact, but if you were to believe their words it will show a very despicable spirit of the current decade where the goal is to enjoy maximum profit without any care at all to do any good.

Before a boss might enjoy to have a sound business to be able to preserve the work/income of his employees.

Now they would not care to fuck employees first but also customers after if that provide with a second yacht for holidays.

Just see Elon Musk as the godfather of this discipline...