Are layoffs really bad for the industry?
Seems to me like the focus should not be on the layoffs but rather on the excessive hiring of people in 2021, and the outrageous salaries for (very talented) people with little contribution to Google's tech or business.
So many startups and small companies struggle to find talent because people can't resist the temptation of Google's (of Meta's) amazing compensation, even for a mind-numbing job.
These layoffs will benefit the industry as a whole and possibly improve the lives of many of the ones laid off by providing them the nudge they needed to join something new and exciting.
Biting the hand that feeds IT
