Big Tech Companies Lay Off Thousands of Workers

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One after another, big tech companies laid off thousands of workers in recent months. See potential bias and similarities in coverage from CNBC, CNNBusiness and FoxBusiness: TechLayoffs Economy

Tens of thousands of tech workers have been laid off within days, as tech giants including Meta, Twitter, Salesforce and others shed headcount going into the final stretch of the year. At least 20,300 U.S. tech workers were let go from their jobs in November, and more than 100,000 since the beginning of the year, according to Layoffs.fyi, which tracks layoffs in the field.

Tech workers reported huge drops in confidence in their job security through the summer, as news of layoffs, hiring freezes and rescinded offers put a damper on what’s so far been a...

 

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