L4sBot@lemmy.worldMB to Technology@lemmy.worldEnglish · 10 months agoNearly 25,000 tech workers were laid off in the first weeks of 2024. Why is that?www.npr.orgexternal-linkmessage-square20fedilinkarrow-up1156arrow-down14file-text
arrow-up1152arrow-down1external-linkNearly 25,000 tech workers were laid off in the first weeks of 2024. Why is that?www.npr.orgL4sBot@lemmy.worldMB to Technology@lemmy.worldEnglish · 10 months agomessage-square20fedilinkfile-text
minus-squareEvotech@lemmy.worldlinkfedilinkEnglisharrow-up14arrow-down2·10 months agoThere was massive over hiring near the end of covid. So now they are shedding again. Everyone is cutting headcount, so everyone else is following along. Thinking this must be good we stay competitive. It’s a pretty US focused issue though, as in European countries you can’t just fire someone like that. There’s definitely more cautious hiring though.
There was massive over hiring near the end of covid. So now they are shedding again.
Everyone is cutting headcount, so everyone else is following along. Thinking this must be good we stay competitive.
It’s a pretty US focused issue though, as in European countries you can’t just fire someone like that. There’s definitely more cautious hiring though.