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by Dave3of5 1646 days ago
This is hyperbole and based upon anecdotal evidence.

As a counterpoint I've been part of a company that "failed" due to overwhelming tech debt. I was one of the "lucky" few that was kept on after the redundancies in what was a shell of the former company (50 employees down to 10).

I should have left with everyone else but I had only just started at the company 3 months prior and didn't want to look like a job hopper.