USA Today's reporter Elisabeth Buchwald breaks down what is happening with all of the mass layoffs in the tech industry.
RELATED: How this small guitar company has survived COVID-19 without layoffs
Tech jobs feel like they're vanishing quicker than steam from a pot of boiling water lately.
Google's parent company Alphabet recently laid off 12,000 workers, equivalent to 12% of its workforce. Meta cut an even bigger share of its staff. Even IBM, which has been in business for 111 years, is cutting thousands of jobs.
Since the start of the year, 297 tech companies laid off nearly 95,000 workers, according to data compiled by Layoffs.fyi, a website that's been tracking tech layoffs since March 2020. If that rate continues, the industry could cut more than 900,000 jobs in 2023. That's nearly six times the total for the industry in 2022, according to the site.
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The economy is as shaky as her voice…A little shaky is an understatement.
Continue voting for Virtue signaling Democrats 👍 And you’ll continue to recieve Stupid outcomes.
I don’t mind layoffs and $20 for eggs if it’s going to decrease or end border illegal crossings
Who’s going to serve you and clean the areas you visit?
Continue voting for Virtue signaling Democrats 👍 And you’ll continue to recieve Stupid outcomes.
Plenty of other non-tech jobs around. Stop Bleaching.
All these tech. jobs that were laid off, when these companies laid off these people at some point the same companies will need to rehire those laid off employees well good luck because you will not find them