Originally posted by Manish Hatwalne:
Exactly - and those who have seen 2000-2001 slowdown, layoffs know better! Maybe Pradeep was referring to that.
Unfortunately, this time it may be worse. In 2000-2001, it was a reality check on all the "irrational exuberance". This time, there are a lot of companies (banks), which lost a lot of real money!
I don't envision many good developers seeing long term layoffs, but bad developers, inexperience developers, (or worse, a combination of both), could pretty much exit the industry entirely.
Henry