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  • Tech Layoffs: madness or master plan?

    Sri Hari Sivashanmugam
    Feb 06, 2023
    You may have heard a lot about this but still, here it goes, while many other companies do not, tech giants like Microsoft, Google, and Amazon are currently downsizing. There might be several reasons for this different strategy. One important consideration is the size and financial strength of the technology giants. Because these companies are the biggest and most successful in the world and have a lot of money, they weather the recession and continue to invest in research and development. As a result, they are better prepared to deal with the financial impact and other issues of the COVID-19 outbreak, making them less likely to use layoffs to cut costs.
    Appears in
    2023 - Spring - Issue 3