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The reason why you've seen so many 2023 layoffs is that companies went crazy hiring during the pandemic. "From the end of 2019 to 2023, tech companies scramble
by bdcravens 3y ago
The reason why you've seen so many 2023 layoffs is that companies went crazy hiring during the pandemic.
"From the end of 2019 to 2023, tech companies scrambled to keep up with an explosion of consumer demand, as people stuck at home splurged on new computers and spent much more time online. Apple, Amazon, Meta, Microsoft and Alphabet, Google’s parent company, added a total of more than 900,000 jobs."
https://www.seattletimes.com/business/why-is-big-tech-still-cutting-jobs https://www.seattletimes.com/business/why-is-big-tech-still-...