Man in a suit blows confetti
More than 120,000 tech workers have lost jobs this year, according to layoff.fyi.
  • Allison Hemming started "pink-slip parties" in the early aughts after the dotcom bust.
  • The events helped laid-off tech pros network and land new jobs.
  • Hemming, the CEO of The Hired Guns, a tech-recruiting agency, says they should make a comeback.

Gather round, ye laid-off Gen Zers and millennials, and put down your phones. For this is a tale about how people of yore — Gen Xers and younger baby boomers — found reemployment after getting the ax.

Our story begins with the bursting of the dot-com bubble in 2001: Internet euphoria faded, venture capital dried up, and stocks slumped. Back then, like now, tech workers lost their jobs en masse.