Google, Amazon, Microsoft and a raft of others fired thousands of workers in January, continuing a layoff wave that began in 2022.

The U.S. economy is booming. So why are tech companies laying off workers?::undefined

  • flop_leash_973@lemmy.worldEnglish
    262·
    10 months ago

    “The stock market is booming”. Fixed the first part of the title for you.

    As for why all of the layoffs? Because in the short term it usually causes the quoted bit above.