Actually it is a company trick practiced in America since the early 90's and still working until now.
We all know that downsizing a company means "more people will buy stocks of that company". The reason: this company is improving, this company is using technology by replacing people with robots. Therefore, this company is on the fast track of the business.
The reality is, they are doing it for show. The reason: want more investors in their stock market and when demand is more, the higher the price per share.
So, what they do is either do a company merger and fire extra people or just fire employees without a reason. Then they will invest on 1 or 2 robots which will be on publicity for a maximum of one year (just to show).
However, at the back-stage, they are not actually down-sizing. They are throwing 1 manager through the window and replacing him with 5 lowly paid indian excecutive. Or firing one executive secretary and replacing him with un-personalized service from hundreds of call center operator somewhere from Philippines or Singapore.
Moreover, companies are not just firing employees, but firing the most senior at priority. The ones who are most eligible for pension.
Human employees are loosing at the end of the game. This is the trick of corporations.
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