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BernankesBeard t1_jciw2ib wrote

Reply to comment by extra-texture in Former Meta employee says staff were 'hoarded like Pokémon cards' by nastyjman

Correct. All the layoffs in the entire tech sector amount to that much out of a total US labor force of ~166m.

So if the whole tech sector got together and agreed to fire workers in a mustache-twirling, 17-dimensional chess move to stop the Fed from raising rates, then they would have managed to raised unemployment by 0.06 percentage points.

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extra-texture t1_jciwbzw wrote

yea your original comment is still valid, just wanted to make a little correction to the ‘couple thousand’ line :)

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