Earlier quoted context omitted.
The data probably suggests they should lay off a bunch of people & that this might be best way for them to do so, in terms of not legally needing to offer severance, legal issues, PR, stock prices, etc.
100% this. Employers know they can turn up the heat so to speak by making the workplace less enjoyable and more people will leave b/c of that. That saves them from having to lay off people. I think it's important to note layoffs tend to push stock prices down and that's what these folks specifically care about b/c that's what's good for their pocket book.
citation needed. Not my experience at all. Anecdotal example: META.