I worked for a pretty "boring" company; we were never over-valued because of the dot-com bubble, and as such we didn't take a big hit during the dot-com burst.

I worked for a pretty "boring" company; we were never over-valued because of the dot-com bubble, and as such we didn't take a big hit during the dot-com burst. The people that got taken to the cleaners were the ones who made websites selling belly button rings for poodles and stuff like that. Everyone thought adding "on the internet!" was worth a hundred million dollars back then, and a lot of people wound up employed doing work that honestly didn't need to be done. But if you were in one of those boring companies, doing banking or whatever, you were probably fine. It was harder to switch jobs for a while, since there were a lot of people on the market and not as many jobs, but I never saw the Reduction in Force scythe swinging through my department.