New ask Hacker News story: Ask HN: Layoffs – how bad are things really?

Ask HN: Layoffs – how bad are things really?
2 by nvln | 2 comments on Hacker News.
I've been removed from Tech over the past year or so. How bad are things really? 1. Is this just companies trying to reset the pandemic-era tech salaries and inflated workforce to sustainable levels? 2. Is this a sign of a prolonged recession and hiring freeze signalling the end of the software tech boom? 3. Are those that are getting laid off finding jobs (even if it means reduce compensation)? --- Is there a way to attribute a significant part of the slow down to any particular event (Pandemic, War, Crypto crash)?

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