Layoffs and Purchases

They were standing around the table. Manfred was talking about the latest round of layoffs he had heard about. He was talking about how his friend's company had laid off a bunch of people and also bought another company.

They laid them off and then they bought a company!? one of the others erupted.

No, explained Manfred, they bought the company and then they laid them off.

Oh. I see.

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