Obviously layoffs are bad for people's health (both mental and physical), but they're an integral and important part of our capitalistic society. Companies need

Obviously layoffs are bad for people's health (both mental and physical), but they're an integral and important part of our capitalistic society. Companies need to respond to market and financial pressures and layoffs and hiring (the latter is almost always not being reported) are the tools for this. I personally believe that Big Tech put on lots of flab during the pandemic. Now they need to get rid of it to weather the downturn.