Is there any logic behind all the layoffs? - Pachter Factor S9E20

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Some of the industry's best development studios like Naughty Dog and Respawn have suffered significant layoffs and it doesn't make much sense. What goes into the decision-making process of layoffs and project cancellations for companies this successful?
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[@patrickperez3095]

I love pachtor!

[@RossMalagarie]

is there logic behind layoff? Of course there is or they wouldn't continue to do it. The logic is hire people to do the work, then after all the work is done, fire the workers then take all the profits. DUH!