20k layoffs is still humongous, something that easily shows up on a monthly labor report.
Put another way, this is 13% of their workforce. It may be trying to be normalized, but it is in fact not normal to remove over an 8th of your business at once.
Put another way, this is 13% of their workforce. It may be trying to be normalized, but it is in fact not normal to remove over an 8th of your business at once.