Now that we’re officially into the third year of layoffs in big tech, this does seem like the worst tech job market of this century. Worse thanthe dot com crash (2000 - 2002) and the housing crisis (2007 - 2008).

The question remains whether this is just another boom and bust cycle or whether the industry had a peak caused by ZIRP that it won’t hit again?

businessinsider.com/microsoft-

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@carnage4life do you think this is unlikely to apply?
> "Performance-based cuts are often backfilled by Microsoft, so its total head count may not change much."

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