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submitted 10 months ago by L4s@lemmy.world to c/technology@lemmy.world

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It’s a dark time to be a tech worker right now::Nearly 300,000 tech employees have been laid off since last year, data shows.

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[–] MajorHavoc@programming.dev 1 points 10 months ago

And 2008 was the worst since the the great depression. In between we saw the dotCom bust, which was itself the worst since the slump in the 80s.

But the boom and bust cycle is well established.

We don't do eachother any favors by talking like it's the end of the world this time.

I suspect the sensational headlines are meant to distract from systemic issues that feed the cycle.

As long as the narrative is "this time is unique", it distracts from discussing improving the situation.

I don't mean to minimize it, though. It sucks!