I honestly think that a lot of the tech layoffs can be attributed to Elon Musk. When he bought twitter he started a social media campaign attacking developers as pampered, overpayed, etc. He then did the massive layoffs and twitter mostly kept running fine. Other CEOs took notice and have followed suit. Investors love it and have put pressure on the whole industry creating a trend.
It's basically an attack of capital against labor. Maybe we should have listened all those years when people kept saying we needed a tech union.
It's basically an attack of capital against labor. Maybe we should have listened all those years when people kept saying we needed a tech union.