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comment by izzy417

Mass layoffs will wreck any community. I grew up outside of Rochester, NY. In 2012, Kodak laid off about 27,000 people...in a city of less than 200,000. Rochester hasn’t recovered, and probably won’t. The surrounding area is still devastated from that blow.

ButterflyEffect  ·  214 days ago  ·  link  ·  

No shit. I'm also from that area. It's weird - there's been some gentrification of Rochester and taking down the Inner Loop to me is still a net-positive, and there's been quite a few spinoff companies from Kodak (and Xerox) but...it's not enough. There's no easy way to entirely restructure a cities workforce like that.