A 20% cut across the entire company isn’t the only form of layoffs. When everyone at a factory is laid off individual performance means absolutely nothing.
Sometimes a company decides a specific market it’s worth it and every single programmer in the company is let go. Sometimes companies decide everything making over X$ in a position isn’t worth keeping etc.
Sometimes a company decides a specific market it’s worth it and every single programmer in the company is let go. Sometimes companies decide everything making over X$ in a position isn’t worth keeping etc.