4 ms·

This is going to be a terrible holiday season for a lot of people.

• clarge1120 4y ago
  And not just because of corporate layoffs.
  • bonestamp2 4y ago
    I'm not disagreeing, but what are you referring to specifically?
    • Antrikshy 4y ago
      Maybe recession?
      • bonestamp2 4y ago
        Ya, must be, and maybe inflation. But, it would be nice to know in case there's something else that's not on our radar.
• koheripbal 4y ago
  Unemployment is still near historic lows.
  • rabuse 4y ago
    I'm sure the thousands of people layed off and their families affected really care about that "record low unemployment".
    • bolt7469 4y ago
      Those people received generous severance packages, on top of government unemployment benefits.
      • dgfitz 4y ago
        > Those people received generous severance packages... How do you know this? I think its a bit of a stretch to say _everyone_ who has been laid off because of a looming recession has been given a package, unless you just meant the short list of tech in the very specific area of SV. If so I would encourage you to broaden your horizons to think of more than just tech.
    • sqeaky 4y ago
      If I am to be laid off, I would rather it happen while unemployment is low. This should make it easier to get a new job. I still sympathize with these people, it sucks to be laid off. They are losing their jobs because someone at Amazon screwed up or took risks the laid off person couldn't control.