Re:Arm to drop up to 15 percent of staff, about 1k people
by hgomersall on Tuesday March 15, 2022 @11:10AM
(#30686288)
I've heard it suggested that the best way to stimulate a bunch of startups is to collapse a big tech firm. I know of at least two clusters that can be traced back to big companies going under.
[ Parent
| on HN ]
Re:Arm to drop up to 15 percent of staff, about 1k people
by petercooper on Tuesday March 15, 2022 @12:24PM
(#30687262)
Or even half an industry. I don't think it's a coincidence a lot of significant technical developments or companies came out of the post dot-com "fallow" period of 2002-2006 (like the spread of Ajax, Rails, Django, .NET and Mono, Skype, WordPress, much of Web 2.0's innovation with Flickr, Twitter, and Facebook all founded in this period, AWS).
Re:Arm to drop up to 15 percent of staff, about 1k people
by mikepurvis on Tuesday March 15, 2022 @11:34AM
(#30686596)
The Toronto-Waterloo tech corridor can be pretty heavily tied back to the slow implosion of RIM/BlackBerry over the course of the early 2010s. Even the companies that predate those events still benefited a lot from the glut of qualified personnel coming available, and there are others which had been funded or bootstrapped by early RIM employees.
Re:Arm to drop up to 15 percent of staff, about 1k people
by bregma on Tuesday March 15, 2022 @05:02PM
(#30691665)
Where I work at BlackBerry it seems to be all ex-Nortel people. So it goes.
Re:Arm to drop up to 15 percent of staff, about 1k people
by mattkevan on Tuesday March 15, 2022 @05:12PM
(#30691777)
Pretty sure that most of Silicon Valley, including Intel, was founded by people exiting Fairchild Semiconductor when things got rough there in the ‘70s.
https://computerhistory.org/blog/fairchild-and-the-fairchild...