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The Great Resignation is cooling off — especially in the tech industry

Data: Indeed; Chart: Axios Visuals

The Great Resignation is cooling off. Demand for workers in certain pandemic-hot sectors — especially tech — is down sharply from last year, per job site Indeed's latest numbers.

Why it matters: Big Tech went on a hiring binge over the past year, as Axios' Ina Fried reports. Now the diet begins. The industry is in "belt-tightening" mode — with hiring freezes and even layoffs on the menu, she writes.

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