Covid-19: layoffs at startups, opportunities, adapt or die - "only the paranoid survive"

[engineer]

Coronavirus and Stock Markets - Thoughts?

This market seems dangerously detached from reality to me; layoffs in tech companies alone are going to hit the US (and global) economy hard, on top of the massive cliff demand for most products apart from essentials fell off a few weeks ago. Many of these jobs are not coming back.

Toast: 1300 (50%) Yelp: 1000 (17%) Eventbrite: 500 (45%) Compass: 375 (15%) Lever: 109 (40%) Zume: 200 (67%) Monzo: 165 (?) Neon: 70 (10%) OneTrust 150 (10%) Zoox: 100 (10%) Domo: 90 (10%) Mejuri: 36 (15%) The list goes on: layoffs.fyi/tracker/