Submitted by PleaseThinkFirst t3_10hyvis in technology
SparePartsHere t1_j5f4qrk wrote
Reply to comment by Zeal514 in What High Tech and Media Layoffs Say About the Economy by PleaseThinkFirst
Don't panic, there is still a huge shortage of tech workers. Those big companies just hired far too many people (because free money) and had no real work for them. Now that interest rates are rising they have to cut the costs.
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