Amazon, Netflix, Meta: Why Big Tech Is Facing Massive Layoffs | WSJ
November 18, 2022
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4:46Now PlayingAmazon, Netflix, Meta: Why Big Tech Is Facing Massive Layoffs | WSJ
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as posted by the channelTech companies like Amazon, Netflix, Meta, Twitter and Lyft saw exceptional growth during the pandemic in both revenue and employee numbers, but now, as the broader labor market is booming, these companies are laying off thousands.
WSJ explains the macro — and micro — reasons for Silicon Valley’s massive layoffs.
Illustration: Adele Morgan
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