The tech layoffs this year have exceeded the job cuts the sector faced globally during the financial crisis of 2008-2009 triggered by the Lehman Brothers' collapse
The liquidation of Lehman Brothers' brokerage unit has ended, 14 years and 13 days after its parent's bankruptcy helped trigger a market freefall and global financial crisis
Aloke Bajpai's firm Ixigo cut pay, but didn't lay off; He says 'honest communication' with staffers saw the firm bounce back during the 2008 Lehman crisis and the current pandemic-induced one