<ul><li>The current economic crisis due to mass layoffs amidst the pandemic is yet to be given a defining name like Black Monday or the Dot-com Bust.</li><li>The situation involves major companies like Meta and Google implementing layoffs and freezes, with software engineers fearing automation impacts.</li><li>Recruiters are increasingly asking for lengthy assignments as part of the hiring process, adding to the challenges faced by job seekers.</li><li>A name that encapsulates the current complex crisis, involving layoffs, automation fears, and hiring difficulties, is yet to be coined.</li></ul>

Why is Everyone Getting Laid Off?

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