[maien]

100,000 is just a number in "tech" firms, which is a board category. 100,000 is a lot, but not really a lot compare to the current situation of the economy. You should look at how many of those layoffs are strategic, and many of them are just "cutting fats". I assume many company are using the time to cut their fats.

[retyred]

yup, and also for companies whose stock prices are depressed (all of them), this is one of the only meaningful things they can do for investors in a recession. and frankly they can rehire people later for lower wages...i see a huge wave of salary resets going through the valley. developer wages were out of control, at one point last year i wouldn't even look at anything under $150k. now i have a lot of experience, but even i found these salaries absurd for developers. thats going to change.