Jan 26, 2023

Why are so many tech companies laying people off right now?

Posted by in categories: biotech/medical, business

Didn’t they just have record-breaking profits?

There’s an eerie similarity to the statements tech companies have made about their recent layoffs. Mainly, if the press releases are to be believed, the C-suite of every Big Tech company on Earth — well, with the notable exception of Apple, which has not announced layoffs — figured no one would ever go outside or spend money offline again after the pandemic and their various online businesses would stay just as big as they were during the heights of covid.

I do love a heavily lawyered statement that was clearly written by the public relations department! In fact, these are all so similar that they might as well have come from the same PR person… More.

All of these statements sound suspiciously similar.

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