Folks are treating the recent tech layoffs as something spontaneous. They were not. Apparently the current layoffs were orchestrated by hedge funds.

This hedge fund demanded that the big tech companies lay people off because they were being paid too much. Let that one sink in: a hedge fund manager saying that you're being paid too much.

Note that TCI is demanding that Google lay off more people.

A lot of evil in the world could be prevented by outlawing hedge funds.

@fuzzychef agreed!

We need another stonk like GameStop to mess up these guys!

What the heck.. how do these guys sleep at night. Firing 12000 people!

@Mayank @fuzzychef Money is involved. More of it than they had before. They sleep just fine.

@drwho @fuzzychef

yeah checked. He made $1.9 Million per day last year.

And he was the boss of Rishi Sunak at one time.

I can't take this anymore, I need to dial down..

@Mayank @fuzzychef Make some tea. That's what I'm doing.

@drwho @fuzzychef

It's funny to me now to think that I will be drowning myself in work.. that's where I get peace 🕊️

Not going for tea, it's already 3:30 AM and I wanted to sleep, but this has been a nightmare knowing rich assholes can sleep better after ruining the sleep of thousands

I have a job for now, it makes me wonder...who will pull the strings and it will all come crashing.

I think I will keep thinking more and will eventually crash!

@Mayank @fuzzychef All I can really say is, there is no stability, really. Have a backup plan and keep your resume up to date.

@drwho @fuzzychef exactly, I have been doing that only.

Have been able to build a decent Upwork profile as a backup. And now I am focusing on building my website/blog to ensure that it can help me stand out from the crowd if I end up facing the undesirable situation.

Also trying to upskill as much as I can.

Are you taking any particular steps?

@Mayank @fuzzychef Updated resume, plus taking advantage of a severance subscription to a resume editing/consulting/legwork service (hey, I'll take any help I can get, force multipliers are good, actually). Heavy networking (which is how I'm getting hold of some of that information). Playing with a few things (Grafana is next). Going to start asking some previous employers if they're hiring. I should do some formal studying, too.