It doesn't matter what the reason is. The reason is whatever will look least bad in the news (if it ever makes it in the news) - and is legal. Ignore the reason, it has nothing to do with you, it's not about you, it's a technical detail. But yes, it would be nice if the manager was helping their employees understand that.

Even for an investor keeping an eye on their holdings, give minimal weight to the reasons for a detail level layoff.