Opinion : What is the reason behind tech companies’ employee layoffs?

Mass layoffs have been attributed to various factors, including over-hiring during the pandemic and rising interest rates. Why are tech companies laying off workers? In 2022, it is estimated that around 120,000 employees were laid off by tech companies due to factors such as sluggish growth, concerns about recession, and rising interest rates. The trend … Continue reading Opinion : What is the reason behind tech companies’ employee layoffs?