There is a standard management speech that goes something like “these cuts hurt me more than those former employees but now we are perfectly sized for our amazing new plan for growth”? Don’t worry, you will hear it one day...

There is no full stop after "phase" in the article:

"third and final phase of layoffs of the process it began earlier this year"

That does not preclude another "layoff process" in the (near) future.

tsunami