Why Major companies firing employees: Google, Meta, & other major tech companies across the globe are laying off employees & How will they overcome the crisis?
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The global tech industry, which stays in the limelight for all the good and bad reasons, is again the talk of the town. All across the world, the tech industry is going through a rough patch as major layoffs in the IT sector are taking place. The stock prices of big tech giants such as Meta, Amazon, and Netflix have nosedived 70-80 percent, and they are being forced to lay off thousands of employees from the companies.
On the other hand, if we talk about Indian tech startup companies, the trend of mass layoffs is also quite evident here. Recently
Amazon employees layoffs: 10,000
Meta, employees laysoffs: 11,000
Twitter employees laysoffs: 3,500
Know in detail: Why Major Companies Firing Employees
