Seems the halcyon days in tech are coming to an end pretty quickly. Maybe when the inflation starts dying down faster + the AI craze will continue to even greater heights then we'll see it coming back in full swing.
Either way it is almost certain that a large amount of people working in these companies don't contribute much to the generated income and now the executives have been given an excuse to perform mass layoffs without scaring off the shareholders.
Either way it is almost certain that a large amount of people working in these companies don't contribute much to the generated income and now the executives have been given an excuse to perform mass layoffs without scaring off the shareholders.