But despite a long-run tight labor market for tech workers, there have been two other periods of mass layoffs - the 2001 #DotcomCollapse and the #GreatFinancialCrisis of 2008.
Both of those were mass extinction events for startups and the workers who depended on them. The mass dislocations of those times were traumatic, and each one had its own aftermath. The dotcom collapse freed up tons of workers, servers, offices and furniture, and a massive surge in useful, humane techn.
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#dotcomcollapse #GreatFinancialCrisis