Perhaps I'm naive, but I think companies are doing massive layoffs these days because of some sort of "domino effect".<p>There are companies out there who would love to lay off half their staff, but in regular times they couldn't just do it (because it wasn't a common thing, and makes them look "bad"... everyone would protest). But since nowadays every damn company is doing massive layoffs (and not unknown companies, but companies like Twitter, Facebook, Google, etc.) then they take advantage of the situation and proceed to do the same.<p>> While we are looking forward to what’s to come in 2023, we must also make hard decisions necessary to set us up for long-term success.<p>This could have been said any damn year in the past, but massive layoffs is the latest trend, so why not.