Google, Amazon, Microsoft and a raft of others fired thousands of workers in January, continuing a layoff wave that began in 2022.

The U.S. economy is booming. So why are tech companies laying off workers?::undefined

  • folshost@lemmy.worldEnglish
    3·
    9 months ago

    I wonder if it isn’t a symptom of things going from high competition environment between new internet services and older stuff like cable to more established systems of revenue which don’t have as much incentive to compete for workers or market share. So maybe that’s the end result of approaching monopoly.