As Big Tech continues to reel from its massively difficult 2022, some of the sector’s biggest names are beginning 2023 by laying off employees by the thousands.
In 2022, companies like Meta (META), Amazon (AMZN), and Intel (INTC) announced major job cuts following years of expansion. There’s hope that Big Tech is set up for a better year in 2023, but high interest rates, inflation, a hawkish Fed, and spending slowdowns among both advertisers and consumers have created a storm that’s not…
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