Management made several rounds of layoffs, despite our group being financially healthy. We were told that due to COVID, rather than the company cutting departments that were financially struggling, they were cutting budgets across the board, which meant that our financially strong group would be losing FTE or outsourcing it to cheaper labor. All of this after conferences with our upper management touting very strong sales numbers. Extremely shortsighted and poor management decision. Outsourced my very US-client-facing position to offshore work force. They also cut some very senior persons from our group. Left a VERY bad taste in my mouth.