Easy, you just announce the layoffs but never execute them!
The street loves to hear about layoffs!
Then during the CC, after reporting blowout numbers for rev, eps, and gm, you tell everyone that biz grew so much that you had to postpone the layoffs for now. (not closing the door on the possibility of them happening in the future)
...but there's a catch. You need to have a savvy PR dept, CFO and CEO! (sorry MRVL's screwed)
(don't laugh, I read a similar strategy this morning)
OK, somebody wake me up now!
DJ