https://news.ycombinator.com/item?id=38629355
Some of the people being fired will have been at Netflix less than a year and 6 figure of college debt and a hard-to-break lease on a $3000/month apartment -- do you expect them to have 6 months of salary saved?
This is rolling over in submission for evil men, thinly veiled in the language of badass cynicism.
I don't see why this has to be some kind of common stance in the tech community. Yes many of us make decent money, but you have no idea what peoples life circumstances are. Learn some empathy before you comment.
That's called lack of labor laws.
Also one of the reasons companies fire them before the end of the year is if company pays bonuses and you are an employee at the end of the year you get said bonus even if you aren't employed at the company when they pay them out. I think a few states have laws saying you can't get around that by firing them a few days before the end of the year but I am not sure which ones.
If the month of the year in which you lose your six figure engineering job is a personal factor: you are very plainly saving too little, spending too much, or both. In this economy you should have a minimum of 4-6 months of expenses in savings in cash.