Tech Layoffs: Causes, Impact, Trends, and What Lies Ahead
The global technology industry has long been seen as a symbol of innovation, job security, and rapid growth. However, in recent years, tech layoffs have become a recurring headline across the world. From startups to multinational corporations, thousands of skilled professionals have faced job losses, reshaping the perception of stability in the tech sector. Understanding why tech layoffs happen, how they affect employees and companies, and what the future holds is crucial for anyone involved in the digital economy. Understanding Tech Layoffs Tech layoffs refer to the large-scale reduction of workforce within technology-focused companies. These layoffs may involve software engineers, … Read more