this post was submitted on 01 Jul 2023
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This seems somewhat intentionally coordinated, so that the squeeze everyone into submission.
It is coordinated but also driven by purely financial factors that changed over the last year. Interests are rising and suddenly those tech companies can't just live by growth alone, they have to find ways to be profitable.
Won't someone think of the poor tech companies?
(Just making the joke, not at you. You are correct, that is why it's happening now.)