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IT in the winter

Yesterday, one of my friends called me after a long time's silence. She told me their company laid off 120 people this week. Their stock option is garbage now. Each share is worthy more than $1 USD. She is not in the lay-off list but she is looking for a new job.

Sooner or later, IT industry will shrink and readjust itself. At that time, if we are laid off ... it means the whole sky collaps.
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