These things go in cycles. Remember all the layoffs during the tech bubble burst in the early 2000s? Then another round of layoffs around 2008. The another round around 2015. Now, here we are again in 2022. Boom and bust. Over and over and over again.
A bust would be dropping below the start of the boom, which is not happening at all here. Nothing goes straight up, and these layoffs so far have been what I could consider normal growth.
