Economy
24 Jan 2024
Post-COVID Layoffs: Framing the Industry Correction
I’ve been putting off writing this post because the topic is genuinely painful. People I know and respect lost their jobs over the past two years. Friends. Former colleagues. Engineers, PMs, designers who did nothing wrong except work at companies that hired too many people too fast.
But the framing I keep seeing — that tech is “in crisis,” that the layoffs represent some fundamental collapse — doesn’t match the data. And bad framing leads to bad decisions, for companies and for the people navigating this market.