The Boom in the Tech Industry

HexCloud is a cloud-storage company that has cut 30% of its staff in the last year. Founder and CEO Jason Kucharski says he thinks Shopify's layoff will get them close to their 2019 headcount. He also believes there was a "bubble" at some tech companies where people got caught up in growth, thinking it would never stop. Hint: When you do several rounds of layoffs, it creates an environment of distrust for your best people.