For those affected the tech layoffs may be crushing (though by many comments here on HN lots of people are fully comfortable with transactional relations with a

For those affected the tech layoffs may be crushing (though by many comments here on HN lots of people are fully comfortable with transactional relations with an employer). An interesting question is whether this round of layoffs signals some sort of paradigm shift in the broader tech world, a "disruption event" amidst a "bad economy" that would indeed be a motivation for alternative business models, startups etc to pull up their sleeves, hunker down, survive the dinosaur extinction and emerge standing on the other side? I don't think so. This is just "management-by-public-markets-stock-price", which is in turn management by collective madness