News > The domino effect: Meta’s layoffs and the possible fallout for the tech industry
The domino effect: Meta’s layoffs and the possible fallout for the tech industry
27/06/2023 10:55 AM | Click to read full article
In the shadow of the recent wave of layoffs among major tech companies such as Meta, Citigroup, UBS, Grab, and Salesforce, a sense of unease is blanketing the technology industry. There are speculations and apprehension about the future trajectory of the industry and the fate of thousands of workers worldwide. Could this be the onset of a significant downturn within the technology sector, or is it merely a course correction as the industry adjusts to the post-pandemic economic landscape?
