Corporate cuts should always start with the greatest fat that does the least work - the ones at the top.
Because if the company has found itself in a place where headcount needs to be reduced, these are the people who led it there and deserve all of the blame for hurting the company to that degree. Plus, you should always start cutting where you get the lowest volume of productive work for the greatest money spent, and that is always at the top.
Education, too. With funding based on region and per student.