[abstractmath]

> Large corporations are insane. Every small and medium company would wait to do layoffs until it threatened the business. Some even until after that point

This is super idealized. How many layoffs have been going on in startup land recently?

[skrebbel]

You mean teeny tiny cutesy startups like Stripe and Twilio?

[abstractmath]

Look at the companies on http://layoffs.fyi

Lots of small and medium sized companies, and I know for some that it was not their last move before going under.

We had a hiring boom driven by cheap money, which is now ending. Now we get the inverse.

Has nothing to do with insane large corps and saintly SMBs.

[tomtheelder]

While I agree it's very idealized, a lot of those startups probably are legitimately financially threatened in the immediate term in a way that Meta most certainly isn't.

[roflyear]

It is absolutely idealized.