Nearly 25,000 tech workers were laid off in the first weeks of 2024. Why is that?
https://www.npr.org/2024/01/28/1227326215/nearly-25-000-tech-workers-laid-off-in-the-first-weeks-of-2024-whats-going-on
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The companies believe their profit margins will increase without the expense of these workers.
The stigma associated with having to lay off workers disappears when everybody's doing it and making $$$$$$ in the bargsin.