this post was submitted on 11 Jan 2024
13 points (100.0% liked)
Ask Lemmygrad
670 readers
31 users here now
A place to ask questions of Lemmygrad's best and brightest
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
The tech sector started employing a lot of people when the pandemic began. Because of how internet-reliant the world had become because of lockdowns, many tech companies saw a boom and overhired because of the growth. Now to no one's surprise the rate of growth has stagnated so they are shedding employees to maintain the bottom-line and protect the shareholders.