Exactly. Parent's comment is only meaningful if you completely ignore paying workers which seems pretty relevant if you're going to be talking about layoffs.
I've found a lot of tech workers (including myself) really need to learn how to read an earnings statement. Coursera has an excellent Intro to Financial account course [0] that I've found very helpful in understanding what's really happening at these places.
Also, Aswath Damodaran has (among loads of other teaching material) a crash course into accounting just enough to get by when reading financial statements:
Yeah, I'm pretty thankful for my 4 year technical program for having us do a couple of business course. One which was accounting and the majority of the work was the teacher walking us through reading financial statements of public companies.
I've found a lot of tech workers (including myself) really need to learn how to read an earnings statement. Coursera has an excellent Intro to Financial account course [0] that I've found very helpful in understanding what's really happening at these places.
0. https://www.coursera.org/learn/wharton-accounting