Comment by jjk166
That's not always true. Layoffs can spur growth if you are dropping dead weight, for example by eliminating under performing business units, consolidating redundant functionality, or simply correcting previous bad decisions that led to over-hiring.
Those aren't layoffs - at least as they're commonly implemented - they're performance based firings. Layoffs are done in a mass manner and tend to be highly inaccurate - they're often based off of BS kpis.