> I love this point: "The tech industry layoffs are basically an instance of social contagion, in which companies imitate what others are doing." Is there any

> I love this point: "The tech industry layoffs are basically an instance of social contagion, in which companies imitate what others are doing." Is there any evidence at all of this though? There appears to be a lot of copycat articles and comments on social calling the layoffs copycat behavior, which is a bit ironic. Meanwhile, everyone of these companies laying people off is worth considerably less than a year ago and what was supposed to be a quick ending to the conflict in Ukraine has turned into a precursor for a larger sale war that may last for years, no doubt having a significant impact on economic growth.