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You 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
by gumby 4y ago
You 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.