Getting rid of employees here in Finland is actually quite easy. There is a process you are legally bound to follow, but it just takes 60 days and the end result is that you can let go any employees you have. If you just have a single employee and want to sack him, that can be more difficult, but these massive layoffs are easy. For long time employees, you have to give several months notice when getting rid of them, but OTOH if you want they will work for you during that time.
"The safety net" gives a person living alone about 10%-20% of the salary of a typical tech worker, so most people want to work.
This latest round of MS job cuts is not trimming, they are ending the design of phones completely. There will be nothing left of the Nokia phone division. (The rest of Nokia that was not sold to MS is actually doing pretty well nowadays.)