
Why are businesses acting like there’s a recession?
Today, Explained
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Tech Layoffs: A Shift in Paradigm
This chapter examines the surprising trend of large layoffs within some of the wealthiest tech companies, despite signs of economic recovery. It explores the disconnect between pandemic-driven growth projections and actual consumer behavior, with a focus on companies like Google and Salesforce. Additionally, it discusses the broader implications of these layoffs for the workforce and the shifting dynamics of job security in today's economy.
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