covid happened, money was printed to replace lost wages but somehow it trickled up
plus people couldn't leave their house so tech companies saw booms in sales/revenue
so then inflation happened to the tune of 8% and the narrative was "if you didn't get at least an 8% raise 2019 -> 2020 -> 2021 each year you basically got a paycut"
and now we're seeing layoffs that basically feel like a reaction/counterbalance to any inflation rasies (or hires) that were given/made
"if a tree falls in the woods and nobody is around to hear it"
"if you get an inflation-sized big raise but then get laid off, did you really get a raise at all?"
covid happened, money was printed to replace lost wages but somehow it trickled up
plus people couldn't leave their house so tech companies saw booms in sales/revenue
so then inflation happened to the tune of 8% and the narrative was "if you didn't get at least an 8% raise 2019 -> 2020 -> 2021 each year you basically got a paycut"
and now we're seeing layoffs that basically feel like a reaction/counterbalance to any inflation rasies (or hires) that were given/made
"if a tree falls in the woods and nobody is around to hear it"
"if you get an inflation-sized big raise but then get laid off, did you really get a raise at all?"