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absurd: > “Controlling labor costs via periodic layoffs is like breathing for Silicon Valley: cyclical, necessary for life,” Malcolm Harris The current wave o
by gumby 4y ago
absurd:
> “Controlling labor costs via periodic layoffs is like breathing for Silicon Valley: cyclical, necessary for life,” Malcolm Harris
The current wave of layoff is unusual, hence being extensively discussed on sites like HN.
- Apocryphon 4y agoLayoff for this tech boom but what about before the late 2000s?
- gumby 4y agoYou mean the 2008 global financial crisis? Many companies died, some companies did do layoffs but that was in response to an actual financial crisis, something not happening now and unlikely to happen in 2023 or 2024. Nothing like that nitwit was describing.
- Apocryphon 4y agoWeren't periodic layoffs something that happened up to and during the dot-com bust? I'm talking about '80s-'90s Silicon Valley.
- gumby 4y agoI don't remember that at all, and I was working in the Valley through that period. There were a lot in the dotcom crash but that was aperiodic.