The tide is shifting on tech’s layoff wave. Kind of.

The tide is shifting on tech’s layoff wave. Kind of.

2 years ago
Anonymous $_PGtSJbg8h

https://techcrunch.com/2022/10/26/the-tide-is-shifting-on-techs-layoff-wave-kind-of/

In tech, emerging trends usually elicit excitement and surprise, whether it’s the hot new sector that every venture capitalist is clamoring for a stake in, or the rise of a new technology you haven’t heard of. Until you only hear of it.

This year, however, one of the biggest trends to form inside tech was a darker one: layoffs. We can talk more about the specific layoff themes. And we have. Over 780 companies cut a portion of their staff this year, according to data tracker layoffs.fyi. The workforce reductions have impacted at least 92,558 known people. The real figure is likely higher given reporting delays.

The tide is shifting on tech’s layoff wave. Kind of.

Oct 26, 2022, 9:25pm UTC
https://techcrunch.com/2022/10/26/the-tide-is-shifting-on-techs-layoff-wave-kind-of/ > In tech, emerging trends usually elicit excitement and surprise, whether it’s the hot new sector that every venture capitalist is clamoring for a stake in, or the rise of a new technology you haven’t heard of. Until you only hear of it. > This year, however, one of the biggest trends to form inside tech was a darker one: layoffs. We can talk more about the specific layoff themes. And we have. Over 780 companies cut a portion of their staff this year, according to data tracker layoffs.fyi. The workforce reductions have impacted at least 92,558 known people. The real figure is likely higher given reporting delays.