

My organisation is going through this right now. The overarching management “corporation” is looking at our numbers and saying that we’ve got more employees and spending than 5 years ago, but have the same output metrics… So we’ve got to cut back staff and spending because there’s dead weight that’s not adding to productivity. The problem is that these will be small ineffective parts of people’s otherwise useful jobs. You can’t do what Elon Musk did and start firing people across the board to correct the numbers. It’s a complex problem to solve.

There has never been a time in history that wasn’t “the worst time ever”, and those problems are long forgotten.
From my parents time: a scary unstoppable new killer virus called HIV, cold war and nuclear arms race, rising violent crime, the disappearing ozone layer, etc, etc.
Not underplaying anyone’s difficulties now…life is certainly hard for a lot of people. But there’s reason to be optimistic. These problems will pass, and then there will be whole whole load of really shit new existential problems…and the cycle will continue.