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I thought that had more to do with the “seasonality” of a business closer to movies than enterprise software, i.e. once a project is over, everyone is fired.

The angst usually centers around management being paid enough to hold on to the laid off people so they can develop their skills and work on 20% type projects. As things are, they leave the industry after a few rounds of it.

It's shortsighted. They let many of the people responsible for that wealth float off to more stable industries so a few people can get rich far beyond their contribution.

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