My company/site has had a rounds of layoffs, handed out shit raises saying it was a bad year (some people got cents raises), and been monitoring spending like a hawk. I think most of the layoffs were from hiring so much durning Covid but even so a lot of departments are down to 1 person and people are leaving left and right. Yet still no sign of layoffs stopping or the money situation getting resolved. And yet they just announced they just bought another company… just doesn’t make sense to me how they can layoff people and say budget is tight, but buy a whole company.