Tech Layoffs Leave Hundreds of Thousands Jobless Despite Strong Economy
• Tech companies laid off over 260,000 workers in 2022 despite strong job growth in other sectors • Layoffs have continued into 2023 as companies aim to cut costs and please investors • Cuts have led to despondent tech workers losing job security and attractive perks • Even experienced workers are struggling to find new jobs amid high competition • Economic concerns, inflation, and AI advances are making tech jobs less stable and alluring