I think that a lot of people felt incredibly scorched and are going to be fearful about going back close to the flame. We had this age of corporate paternalism where corporations took care of people. And by the early 1990s that was over. IBM used to have a no-layoffs policy. And then in the early '90s it laid off something like 50,000 people.
Technology is obviously part of it, too.
It's Karl Marx's revenge, because workers can now own the means of production. The tools that you need to create wealth used to be extremely large, expensive and difficult for one person to operate. Now, they're the exact reverse. Traditional jobs are not going away.