The Real Reasons For Big Tech Layoffs At Google, Microsoft, Meta, And Amazon

Between them, some of the world’s biggest tech companies have collectively laid off more than 150,000 workers in recent months. The businesses involved have put forward a variety of reasons for why this was necessary, which mostly come down to a need to reduce costs as economic growth slows down around the world.

In truth, it isn’t likely to be because the companies involved need money. Microsoft,…