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Re:WeWork lays off 2,400 employees by slumdev on Thursday November 21, 2019 @01:26PM (#21597516)
> layoffs aren’t as destructive as they used to be.

Student loan debt cannot be discharged.

Unsecured personal debt is at all-time highs.

Nearly half of Americans have less than $1000 in savings.

You are wrong.

Re:WeWork lays off 2,400 employees by p1esk on Thursday November 21, 2019 @01:32PM (#21597598)
Yeah, no. I’ll take being laid off in 2019 over being laid off in 1919 any day!
Re:WeWork lays off 2,400 employees by marcusverus on Thursday November 21, 2019 @03:14PM (#21599012)
Federal student loans are eligible for deferment during periods of financial hardships, including unemployment, for up to three years.

https://studentaid.ed.gov/sa/repay-loans/deferment-forbearan...

Re:WeWork lays off 2,400 employees by vorpalhex on Thursday November 21, 2019 @03:38PM (#21599319)
> Unsecured personal debt is at all-time highs.

> Nearly half of Americans have less than $1000 in savings.

Those both sound like bad financial planning. Pumping more money into the equation won't solve that.

Re:WeWork lays off 2,400 employees by Sohcahtoa82 on Thursday November 21, 2019 @05:30PM (#21600442)
There's no money left for savings when rents double over 10 years while wages only go up $1-2/hr.