the world is still entrenched in the supply-and-demand mindset. if demand is reduced then supply should be reduced. which can imply layoffs.

    • I have never heard of a company of any sort that thinks in a mindset which reasonable people would consider “long term”. I have read numerous articles about this over the years, all whining and lamentations about how company X or corporation Y fail to think in the short term… their corporate structures tend to discourage that, as they are run by CEOs who only wish to cash out on the stock options they get as the larger part of their compensation.

      If this translates to your scenario at all, then they might well ignore the long-term implications of layoffs.