Big Tech Companies Announcing Layoffs – What Now?
Following a superlative year in 2021, more than 52,000 workers in the U.S. tech sector have been laid off and there is no end in sight. CEO of Meta, Mark Zuckerberg has claimed responsibility for their nearly 11,000 layoffs (and rising). He attributes their “biggest layoff in history” to their imprudent hiring in 2021, stating that he, “assumed COVID-driven trends, like the acceleration of e-commerce, would live on past the pandemic.” The question those 11,000 employees share amongst thousands of others is, “what now?” […]
