Someone somewhere is inventing a technology that will save thirty minutes on the production of my wares and when that day comes I will tower above my competitors as I exchange my products for a fraction less than theirs. They will tremble at my more efficient process as they stand unable to compete!

I really understand this is a reality, especially in the US, and that this is really happening, but is there really no one, even around the world, who is taking advantage of laid-off skilled workforce?

Are they really all going to end up as pizza riders or worse, or are there companies making a long-term investment in workforce that could prove useful for different uses in the short AND long term?

I am quite sure that's what Novo Nordisk is doing with their hire push here in Denmark, as long as the money lasts, but I would be surprised no one is doing it in the US itself.

We had that recently. 10% redundant and pay freeze because we were not profitable enough. Guess what, morale tanked and they only slightly improved it by giving everyone +10 days holiday.