Bay Area tech bust emerges after yearslong regional hiring boom
https://www.mercurynews.com/2023/04/17/tech-job-south-bay-google-twitter-facebook-amazon-layoff-economy-covid/
The Bay Area tech sector is shedding jobs in a big way after a prolonged pandemic-era hiring boom, an ominous turn for an industry that has spent decades as the primary engine of the region’s economy.
Throughout its history, the tech industry has been known for its cycles of cataclysmic hiring downturns followed by equally dramatic upswings. But job losses in the early months of 2023 have unleashed warning signs, and even some soul-searching, in a sector that once again seems to have overstaffed for conditions.
Bay Area tech bust emerges after yearslong regional hiring boom
Apr 17, 2023, 1:18pm UTC
https://www.mercurynews.com/2023/04/17/tech-job-south-bay-google-twitter-facebook-amazon-layoff-economy-covid/
> The Bay Area tech sector is shedding jobs in a big way after a prolonged pandemic-era hiring boom, an ominous turn for an industry that has spent decades as the primary engine of the region’s economy.
> Throughout its history, the tech industry has been known for its cycles of cataclysmic hiring downturns followed by equally dramatic upswings. But job losses in the early months of 2023 have unleashed warning signs, and even some soul-searching, in a sector that once again seems to have overstaffed for conditions.