The tide is shifting on tech’s layoff wave. Kind of.

The tide is shifting on tech’s layoff wave. Kind of.

2 years ago
Anonymous $_PGtSJbg8h

https://techcrunch.com/2022/10/26/the-tide-is-shifting-on-techs-layoff-wave-kind-of/

In tech, emerging trends usually elicit excitement and surprise, whether it’s the hot new sector that every venture capitalist is clamoring for a stake in, or the rise of a new technology you haven’t heard of. Until you only hear of it.

This year, however, one of the biggest trends to form inside tech was a darker one: layoffs. We can talk more about the specific layoff themes. And we have. Over 780 companies cut a portion of their staff this year, according to data tracker layoffs.fyi. The workforce reductions have impacted at least 92,558 known people. The real figure is likely higher given reporting delays.

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