“Danger Will Robinson…Danger”
For those of you not following TechCrunch’s Layoff Tracker, the tech industry is taking a major hit. So far a total of 44,283 (to include HP’s release) people are gone from their respective companies. Is this another Dot Com Bust?
How bad is this? Well, pretty bad considering that most tech startups are staffed minimally to keep costs down. Some companies have been forced to cut as many has 1/3 of their staff, some up to 50%.
I were Chicken Little, the sky would definitely be falling right now!
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