Wouldn't layoffs starting at larger tech companies imply demand is waning and there would be a much smaller market for all of these new startups? It depends on

Wouldn't layoffs starting at larger tech companies imply demand is waning and there would be a much smaller market for all of these new startups? It depends on how you define "startup." They don't necessarily have to keep staring at screens for their living. It was mass layoffs of real estate and banking workers in 2008 that kick started the food truck industry.