this post was submitted on 09 Feb 2024
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[–] [email protected] 6 points 10 months ago (1 children)

That's one way to look at it, if you're looking to downplay the human impact. The way I look at is these companies had a short sighted hiring spree and now thousands of people are without income and can't just get a new job as the industry is laying off everywhere. That seems like a reasonable source of panic for the people with no income and not a lot of prospects.