What Does it Mean When Big Tech is Laying Off Staff During a Labor Shortage?
We’re used to regular announcements of massive investments, billion-dollar valuations, and endless growth from Silicon Valley. But right now, the previously indestructible tech sector is talking about hiring freezes and rounds of mass layoffs. Investors are pulling back, fearing an economic slowdown or even a recession amid rising inflation and a cost-of-living crisis, and tech […]