The U.S. economy is booming. So why are tech companies laying off workers?::undefined

  • CountVon@sh.itjust.works
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    7 months ago

    Elon broke the seal on firing huge swaths of a tech workforce to make your numbers look better.

    Don’t give him too much credit, it’s hardly the first time the tech sector has gone through this cycle. Elon had to do it because he massively overpaid for Twitter. The fact that his layoffs came at the front of this wave is probably just coincidence.