Another company I had contact with did a few layoffs. Afterwards the recruitment department had a lot more issues finding people. Experienced people would ask a premium because of that company’s reputation in the industry and the experienced people would usually stay a short time and leave. The other option was hiring fresh graduates and put effort in training them.
Even worse, it’s completely real. It was the common situation for me before corona. Also driving an entire day for a 1 hour meeting.