this post was submitted on 29 Jan 2024
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Nearly 25,000 tech workers were laid off in the first weeks of 2024. Why is that? (www.npr.org)
submitted 6 months ago by L4s@lemmy.world to c/technology@lemmy.world
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Nearly 25,000 tech workers were laid off in the first weeks of 2024. Why is that?::undefined

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[–] linearchaos@lemmy.world 17 points 6 months ago

WFH made some cool opportunity hires. You could access people in remote areas and pay less.

Market rev is uncertain at the moment. They all want their numbers to come in hot. When everyone else is laying off, so they get less scrutiny.