That's modern logic, sure, but Aristotelian logic argues otherwise.
I know it's not true yet of Amazon, Meta, and Google. They may say otherwise. TLAs say lots of things and hope you forget they ever said them when they are proven wrong, but all my idiot canaries for my claim remain in place in all three companies. Layoffs are a blunt force weapon and little warms the cockles of my heart more than knowing they are still draining that shareholder value(tm).