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My opinion here is that tech companies are generally a lot more data driven and quicker to move. So I see these layoffs as them taking the possibility of a rece
by pm90 4y ago
My opinion here is that tech companies are generally a lot more data driven and quicker to move. So I see these layoffs as them taking the possibility of a recession seriously and being well prepared for it when it does happen.
This kind of graceful termination is preferable to sudden, forced changes caused by external events, such as a stock market crash or a company going under (e.g. Lehman going under in 2008).