Two American companies, known to employ a few thousand people, have sacked, or are sacking, around 10,000 employees each. The important thing here is not their number; it is that these employees are highly qualified individuals.
If you think about it, these removals from work are no different from when a restaurant, movie theatre, or something similar shuts down. The closure happens either because technology has changed hugely or demand has fallen hugely. Or both.
This sort of thing has been happening since the beginning of organised human settlements. So there's nothing particularly noteworthy about it.
What is noteworthy, however,
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