Updated Today, Feb 2, 2025, 3:30 PM UTC
Over the last couple years, it feels like we’ve heard news of mass layoffs and hiring freezes from tech companies nearly every week, and since the beginning of 2024, there’s been a new wave of layoffs and firings.
In the first few days of January 2024 alone:
And all that adds to the tens of thousands of tech and gaming layoffs that hit in 2023.
Elizabeth Lopatto spoke to experts in an article published last year to try and answer the question of why so many layoffs are happening right now despite tech companies continuing to register sizable profits. One reason is that “investors
→ Continue reading at The Verge
