It is large collective action per the size of the company. A small company may actually weather this worse than a large company. Basecamp has run lean for year

It is large collective action per the size of the company. A small company may actually weather this worse than a large company. Basecamp has run lean for years. Some of those big tech companies like Microsoft often weather huge layoffs with no real ill effects. But they often get really bloated when the economy is rocking and then lean out every now and then. But this is monstrous. I've never seen this many people leave at once. There is no way this is good for Basecamp.