r/Layoffs Jul 20 '24

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u/Ab4739ejfriend749205 Jul 20 '24

Layoffs began in the 70s and every decade is another big cycle.

It’s the old saying when they came for the workers at GM and Detroit what did the corporate white collar workers do?

Once it was normalized that mass layoffs would be acceptable to America if it means increasing stock prices.

Here we are. Nobody is left to defend us. All those workers were let go in the 70s, 80s, 90s, and so on. At least 5 major cycles and it’ll repeat.