https://www.youtube.com/watch?v=FVsGAoFlw20
I saw this video from CNBC where they talked about tech companies having to lay off substantial numbers of employees due to them hiring excessively in 2020 - 2021. We all know what is going on right now in the tech industry with cost-cutting measures and layoffs are probably a huge part of it.
It is no surprise that tech layoffs are on the rise. With the current economic situation, companies are scrambling to cut costs and layoffs are one way to do so. The impact of the layoffs is being felt around the world, with tech workers being let go from their jobs in the United States, Europe, India, and beyond.
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