Layoffs have always been a part of tech. I've been laid-off three times during my nearly 40 year career: in 2 instances the company folded and in the other the

Layoffs have always been a part of tech. I've been laid-off three times during my nearly 40 year career: in 2 instances the company folded and in the other the project was cancelled and everybody working on it was let go. That's the nature of this beast. Companies get bullish on the future and over hire, then they have to layoff. Completely new bet-the-company projects get launched and then turns out to be a bigger bite than the company could chew. It happens. The rule-of-thumb I was always taught growing up in tech (and I started in the mid'80's) was expect to be laid-off at some point in your career and always make sure you have six months of expenses on hand to weather a layoff. It was good advice then, and it's good advice now.