Several Big Tech companies have recently announced job cuts - and they pinned their decisions on a pandemic-induced hiring spree. But is that actually what’s driving the cuts? We sat down with the FT’s US financial commentator Robert Armstrong to get the full picture. 

Clips from Reuters, MSNBC, Yahoo Finance

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For further reading:

Slimming down Big Tech

Is Big Tech flabby?

Bye-bye massages and free food: Big Tech cuts back perks

The shock of mass lay-offs is only the beginning for companies

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On Twitter, follow Robert Armstrong (@rbrtmstrng) and Michela Tindera (@mtindera07)

Read a transcript of this episode on FT.com

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