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What's with all the tech layoffs?
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Employees aren't afraid anymore so companies are trying to reinstate fear.
Yes, it is a concerted effort to create a glut. This is like the wga strike, they want to starve you a little so you'll come back begging for a job before you lose your home.
They know the next 20 year will be a shortage of labour and stagflation. They're just trying to start this lean period with the upper hand.