The same reason any other scam works: Somebody along the chain has exploitable g... | Hacker News

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Terr_ on Dec 28, 2017 | parent | context | favorite | on: India’s IT industry laid off more than 56k employe...

The same reason any other scam works: Somebody along the chain has exploitable greed, so that they believe something "too good to be true."

The real question is why it would be in temporary decline this year.

sumedh on Dec 28, 2017 [–]

Such layoffs have occurred in the past as well, this is nothing new.

Can you point out similar scams which have been running for 30 years where revenue kept on increasing in billions

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