The wave of tech layoffs this year is adding to shockwaves in the private markets, as many workers look to sell their company stock just as valuations are collapsing.
Why it matters: Say goodbye to the golden age of employee stock options. This is part of a big unraveling happening for tech workers, many living through their first downturn and experiencing unfamiliar job woes like layoffs, hiring freezes, and the diminishing value of their stock compensation.
