[Info-vax] VSI employee retirements

Simon Clubley clubley at remove_me.eisner.decus.org-Earth.UFP
Mon Jan 23 08:15:11 EST 2023


On 2023-01-23, Neil Rieck <n.rieck at bell.net> wrote:
>
> Not sure what is specifically happening at VSI but the number of layoffs in the whole tech sector are unnerving. Some claim it hasn't been this bad since the sub-prime mortgage scandal (2008) while others reference the dot-com crash (2001).
>

The other possibility is that the social media companies had _way_ too
many staff on the payroll while profits were growing and now that they
too are being affected by the downturn, the employee levels are moving
back towards the level they would be in more established companies.

It still sucks for the poor people being laid off however.

Simon.

-- 
Simon Clubley, clubley at remove_me.eisner.decus.org-Earth.UFP
Walking destinations on a map are further away than they appear.



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