This announcement spends remarkably few words talking about the what (7% of the company's workforce was laid off), and a great deal of words talking about how bright the future of the company is and how they're going to hire more people.

If you were realigning your SaaS company to ignore your technology short-comings and technical debt, and isntead focus on selling as much "AI-enabled <whatever>" while the rush still looks like gold, this would be a great strategy & announcement.

Layoff announcements are this kinda tricky class of corporate comms where you need to speak to at least 3 different constituents, with 3 different messages, which are often in conflict.

It's something like:

(A) To the public (e.g. prospects, customers, investors): "This is a good thing and we're going to be an even better bet!"

(B) To the remaining team: "This is tough and I feel your pain and will do better."

(C) To the laid off: "It's not you, it's me, thank you and good luck."

It's hard if not impossible to handle all three of these authentically, concisely, and in the same message. Which is why you can almost immediately find something not to like..

which is why most corporations should be classified as sociopaths, at a minimum.