AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Tech Layoffs Trend and Economic Impact
The chapter analyzes the current trend of tech layoffs in 2024, detailing major layoffs at tech giants and the strategic timing of these actions. It explores the economic factors like high interest rates influencing funding for hiring and expansion, leading to job cuts despite record profits. The discussion also touches on the potential repercussions on company reputation, talent retention, and the broader industry landscape.