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Why are so many tech companies undergoing massive layoffs right now?
Asked by Locke (518)
January 20th, 2023
I’ve heard it’s not just tech, but also finance sector. Is it because a recession is coming? Is it because they all hired too much during the pandemic? I thought the pandemic was a period of economic crunch.
But I don’t really understand economics that well, so it’s okay to answer this like I’m 5 years old.
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