So if they are paying such a hefty amount in severance, we should expect them to start hiring any time soon. Here Hiring means normal hiring, not just 1-2 roles here and there.
FYI, Citi cuts another 2,000 jobs, severance costs at $650 million
Also, last time for 12k PPL, Google spent 2 billion dollar, not sure how the math will play out
Saved 12 months or more in salary and benefits and office luxuries by paying some severance.