Not really sure why you're getting downvoted, other than to assume an emotional reaction from the community to layoffs impacting tech. Frankly - People seem to

Not really sure why you're getting downvoted, other than to assume an emotional reaction from the community to layoffs impacting tech. Frankly - People seem to be forgetting that until 2013, MS was still doing stack ranking and routinely letting go of the bottom 10% of their workforce (and they were hardly the only ones doing it...) I don't see it as unusual AT ALL that these companies are doing a wave of cuts to headcounts after the large hiring sprees during covid. Especially as interest rates rise, so they're looking to lower debt burdens in the short term and pay off loans made at low interest rates instead of rolling into a higher interest loan in the new environment. If anything... I'd expect the exact opposite - a CEO that fails to address cost centers as debt becomes more expensive is a liability, and someone the board might be looking to replace (ask to step down). --- Does that mean I'm not sympathetic to those who've lost jobs? Of course not. But tech had to rev the engine pretty hard to handle the extra load during covid when everyone was indoors and doing things online, and now that demand has dropped. So they're letting off the gas pedal. If folks don't like it - blame the game. Work to unionize. Work to incentivize co-ops and shared ownership. Work to increase taxation on these companies and their highest earners (which... if you're in the tech industry almost certainly includes YOU). Don't go work for giant tech conglomerates and then act surprised when they act like giant tech conglomerates...