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[...] you probably suck

It doesn't matter how good you are when your whole department or office is axed. The wheat is thrown out along with the chaff.

if low wage, and probably lower skilled workers can take your job

What actually happened in many cases was executives thought low wage unskilled workers could do your job, and over the course of a few years discovered whoops, no, they really can't. Jobs are then repatriated. Then a few years later some executive gets a bright idea... It seems to be a cycle these days.





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