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by kmac_
1311 days ago
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There were a lot of canceled, freezed or postponed projects in 2008. Our industry isn't driven by FAANG/MAMAA as much as many think, but other industries like automotive, healthcare, telecom, etc. Less work to do means less hands are needed. Current layoffs aren't just a trimming of low performers. |
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Big layoffs never are. Projects and groups get cut and, while there may be some nominal effort to hold onto people who are particularly valued on the basis of perceived ability, connections, or or something else, there is a whole lot of randomness built into the process.