The big tech companies have less power than they used to, but are still the most valuable in the world. It's going to be harder for them to get the best and brightest because people will look around at places where there's a lot of growth. "It's part of the ethos of tech that cool stuff comes from a guy, a woman in a garage"
Mark Zuckerberg fired 11,000 employees at Meta. Elon Musk axed half his staff at Twitter. Other tech giants are slashing jobs and eliminating perks, too. Recode’s Peter Kafka says the era of big tech growth is over.
This episode was produced by Amanda Lewellyn, edited and fact-checked by Matt Collette, engineered by Paul Robert Mounsey, and hosted by Noel King.
Transcript at vox.com/todayexplained
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