[gregjor]

I could say that, with a couple of caveats.

> those laid off people were mostly not needed in the first place, and represented burning of billions of Wall Street and VCs funds on unnecessary salaries

Sure. But they didn't hire themselves.

> these people got lucky they got $300k-$500k doing BS things that no one needs, and being the beneficiary of large, misguided wealth transfer

Agree, but again they didn't hire themselves or assign BS work to themselves.

> from the capitalist class to the worker class

At times like this we (programmers and technical managers) get reminded that despite our white collar trappings and high pay, what we do makes us workers rather than owners of capital. That probably comes as a surprise to the Silicon Valley tech-libertarians, except for the few who managed to start up their own business without going into hock with parasitical investors.