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My Tech Winter Game Plan
By Jeraldine Phneah Official Website  •  December 29, 2022
It has not been a good year for the technology sector. At time of writing, we’re experiencing what we call the tech winter. Trillions of dollars of value have been erased from the publicly listed tech giants such as Google, Meta and Amazon. Globally, 1003 technology companies laid off over 152,000 employees this year, as per data from layoff.fyi, a platform collating data on firings by tech companies. This is more than the tech layoffs during the 2008-2009 recession. I don’t think we are at the bottom of this yet. I do expect more startups to layoff, close down and due to cash reserves running out. You can listen to my discussion with VC Jeremy Au and Radio DJ Andrew Zhan here. I have been following this closely since February. It matters to me as I am a tech worker who works in the SaaS sector. I also work with...
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By Jeraldine Phneah Official Website
Hi! I’m Jeraldine. I care about our generation and how we can achieve meaningful careers; save for dreams and lead meaningful lives.
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