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happyscrappy t1_j6k6rcz wrote

> In Silicon Valley, the new year began as the last one ended — with tens of thousands of tech workers losing their jobs. Just a few days into 2023, Amazon Chief Executive Andrew Jassy announced that there would be 18,000 layoffs across the company. Within weeks, Microsoft revealed it was slashing its head count by 10,000 and Google said that it was terminating 12,000 employees. IBM looks to be next, with nearly 4,000 workers on the chopping block.

3 of those 4 companies are not Silicon Valley companies.

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WhatTheZuck420 t1_j6p3q8w wrote

not in location but in mindset lol

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happyscrappy t1_j6p4hk1 wrote

I guess. But the article veers from that too. It counts Capital One and Carvana as tech. And I only got down to the Cs to see those!

Honestly it looks like the article is just bundling up nearly any company that uses computers in their business and laid off as "tech" (or Silicon Valley in that paragraph).

Carvana puts thousands of car salesmen on the street because the leadership can't figure out how to properly track car titles and it's part of a "tech layoff trend to bring workers to heel".

BTW, a friend's actual Silicon Valley, actual tech (and I don't mean selling mattresses over the internet) company laid off today. About 3.5% of headcount. So there is something there. I just think it's being massively misrepresented here.

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