At first it seemed like the layoffs were legitimately needed by some companies. But now it feels like "this is a good time" is the reason du jour. An excuse to cut some projects that haven't panned out, dump a bunch of lower performers, and general other cleanup.<p>DocuSign may have laid-off 700 people, but they have 162 open jobs and most of those list "multiple locations" which probably means they will hire more than one of each role. I noticed the same at Okta's layoff, 300 people cut... but at least a hundred open jobs.<p>And yes, some of this is "rebalancing". Turns out not everything is staying the same after the pandemic shifts to endemic mode. Maybe not all those sales staff (or whatever projects) are still needed. But it still feels like a lot of this is "lets boost the stock value" based logic.