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WEKU
WEKU
Business
Bobby Allyn

5 takeaways from the massive layoffs hitting Big Tech right now

Google last week announced it would layoff 12,000 people from its staff, the latest Big Tech company to enact mass workforce reductions in recent months. (Jeff Chiu/AP)

Explosive growth has been the norm in the tech sector for the past decade.

When the Covid-19 pandemic ravaged the world and moved more of daily life online, tech hiring blazed across Silicon Valley even more. Some major tech companies, like Amazon and Facebook parent company Meta, doubled the number of people they employed to stay apace with new demand.

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