Why do companies cut jobs in November or December?

Why do companies cut jobs in November or December? | WHEN SHOULD WE CUT STAFF? IN THE NEW YEAR BEFORE XMAS, AVOID PAYING BONUSES CUT DIRECTORS PAY INSTEAD | image tagged in memes,boardroom meeting suggestion | made w/ Imgflip meme maker
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WHEN SHOULD WE CUT STAFF? IN THE NEW YEAR; BEFORE XMAS, AVOID PAYING BONUSES; CUT DIRECTORS PAY INSTEAD
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