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user-inactivated · 3124 days ago · link · · parent · post: Dropbox cut a bunch of perks and told employees to save more as Silicon Valley startups brace for the cold
There is going to be a flood of people to the middle of the country when the dot-bomb-2.0 goes off. It's going to be ugly.
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user-inactivated · 3124 days ago · link ·
I think to expand on 2, even if a lot of these people lose their jobs, they might want to stay put for a minute or two. I'd figure, once things turn around, companies might be more likely to start good jobs back up where the talent pool is. If people leave, they run the risk of losing out on those good jobs if and when they come back.