The Google layoffs remind me: When I considered starting my first company I worried about "job security".
My then-girlfriend said:
"Big companies do not provide job security. They provide the service that you are the last person to know when the job is gone."
Wisdom.
She (the ex-gf) was astute.
But, also, it works the other way.
Sometimes, the company does not realize that they lost their security after the last person to know what is really going on is now gone.
See Twitter for example.
@SpaceLifeForm @HalvarFlake we've seen this in other industries as well. Including the fossil fuel industry in the 1980s and then the next minor downturn, every time there was a downturn a bunch of contractors got laid off, sometimes staff did, but contractors are often the easiest way to tool up.
Funnily enough some of the skilled contractors got fed up and left the industry. Corporations don't really have a use for staff loyalty.
HalvarFlake
SpaceLifeForm
Esther Payne 