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user-inactivated · 3120 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
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.