The Breithaupt Block Phase III | 11 fl | U/C

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With luck, some of those who are laid off have a project kicking around the back of their brain that they didn't want to do while they had a full-time job.  In some ways, I suspect Waterloo Region's most recent tech renaissance came after RIM/Blackberry shrank.

For sure. At the time the downfall of BlackBerry seemed like a disaster for KW tech, but in reality it was probably one of the best things to happen. It lead to a number of startups, and created room for a number of other major players to ramp up their hiring. We now have a much larger, more diverse, and more stable tech sector.

Also, for those laid off, there's still other tech companies that are hiring locally. I'm doing more interviews than ever at work as my employer moves to take advantage of hiring getting a little less competitive (and we already offered top tier compensation).