why don't companies do pay cuts instead of lay offs?

Do you think instead of laying off employees , its better to cut some % of employees salary which can be given after certain duration?

Why do some startups lay off people even when they know that they'll be raising money soon via new funding? Case in point: Dunzo Are these employees given severance? Or is it just that Hi, Hello, Today is your last day, thank you, bye that you see most startups do? What are your thoughts on this?

Declared for the states: We’ll pay employees during the full notification period (minimum 60 days). We’ll also offer a severance package starting at 16 weeks salary plus two weeks for every additional year at Google, and accelerate at least 16 weeks of GSU vesting. We’ll pay 2022 bonuses and remaining vacation time. We’ll be offering 6 months of healthcare, job placement services, and immigration support for those affected. Outside the US, we’ll support employees in line with local practices.

Week back there were posts by linkedin engineers that linkedin is hiring SDEs and anyone can as referral and today they laid off 700 people. Like whats happening man!!! Is the company dumb or what?

As we know tech companies and startups are laying off people left and right irrespective of making profits 🤑💰. It's understandable if the companies are out of funds but doing this when you are enjoying profits is not acceptable. And u guys are also not any less. Stop being a victim and fool. Stop complaining about layoffs on social media platforms as everyone will forget them with time. It's time to do cutoffs on your behalf. Cut off subscriptions to big tech companies and startups. Join this wave of cutoffs to see the news of subscription revenue down by 10% or 20% rather than companies cutting off workforce by 10% or 20% The change should start with you. Stop subscribing to Amazon Prime, YouTube Premium, Spotify and others. Encourage your peers to do the same and see the change yourself by the end of this quarter

From what I hear from a friend who is aware of the leadership discussions, MPL might be looking to lay off close to 50% of its workforce and shut down most of its other BU’s to consolidate by October. This would include folks even till the SVP levels. This might be one of the first pins to fall with the 28% GST rule kicking in by October. Dark days ahead for online RMG industry in India

As per internal company sources: This is big like 500+, lots of folks cut in platform teams, brand teams, marketing teams, business teams, product and tech. Wish everyone there all the best. This shall too pass!

From the last few days there were talks going on about layoffs in Morgan Stanley. Some 7% of the global staff will be handed over the pink slip in this week. Well... It started happening from today ... Few colleagues from my department were laid, and the reason being "company is trying to survive in the market, company is planning the road ahead by taking such bold steps". When this was announced, my anxiety shot up the next level and I couldn't wait for the meeting to finish. The past few years have not been great for the business worldwide due to which many companies are forced to take such steps. These companies just have been doing a hiring spree from the last 1-2 years that now they are regretting their decisions and letting off their employees. My question is - "If a company hires excessively during the bull market and is forced to lay off few of the employees during the downturn, has the company made an error by not evaluating the headcount or it was just simply the need of the hour" Please note - I know many people out there who have faced job cuts due to many factors, sincerely requesting people to take this matter very seriously

I've come really bizarre cases of companies laying off some division(s) while actively hiring in other division(s). Why do they not transfer some of the to-be laid-off employees to the other divisions?