1100 gone, engineering team grew? How does that even compute?

Just saw the news about the 1100 layoffs at Cloudflare. Honestly, I'm baffled. The same reports are saying they *grew* their engineering team by 45%? This doesn't add up. Are they just cycling people out and bringing in new blood at lower salaries? Or is there some insane productivity boost happening that I'm completely missing? My team is already stretched thin, and the morale has been pretty rough since the news broke. Feels like we're being asked to do more with even less, which is a recipe for burnout. Anyone on the engineering side experiencing this massive growth while others are being shown the door? What's the actual strategy here? Feels less like a strategic move and more like a numbers game.