I think its called desperation. When a company gets so screwed up that they burn thru a billion in cash in a year, they can no longer afford payroll. It just gets worse as time goes by so there will be many many more desperate cuts until bankruptcy sets in
Every Office Specialist is being eliminated on April 5th. The District Administrative Assistant job is also done, as well as a Sales Management position (sorry, I suck at titles) in the larger stores.