Tech Layoffs wave (late 2022-2023) saw Meta, Amazon, Google, Microsoft, Twitter cut 150,000+ jobs after pandemic over-hiring. Companies blamed “economic uncertainty” while posting record profits and giving executives raises. Layoff announcements via impersonal emails, immediate badge deactivation, and discovering via LinkedIn posts. Shattered illusion of job security in tech, revealing employees expendable despite “we’re a family” rhetoric.
Sources: TechCrunch Layoff Tracker, Layoffs.fyi Data
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