For a long time the economic downturn did not hit the Silicon Valley tech industry. It seemed that hiring has stayed strong until September. Now it seems like the credit crunch is hitting the valley. Tech Crunch is running a tally of
Tech Layoffs. I feel lucky that I was laid off before the bailouts. I feel that it is going to get worse around here before it gets better.
Labels: credit crunch, downturn, economy, layoffs
