This is familiar to those of us who went through the dot com bubble burst. We're not at the same scale of industry specific recession but there are similarities

This is familiar to those of us who went through the dot com bubble burst. We're not at the same scale of industry specific recession but there are similarities with an economic slow down, more cautious spending, reduction in VC money and shareholders seeking returns. Wave after wave of redundancies to try and reach a stable cashflow, each one "right sizing" until they realise that their calculations where wrong and there is even less free flowing money/debt than they thought. It becomes incredibly demoralising, which constant suspicions of what meetings are about, wondering when the next round will be and if you'll in the next batch.