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Why widespread tech layoffs keep happening despite a strong U.S. economy (www.cnbc.com)

submitted 8 months ago by L4s@lemmy.world to c/technology@lemmy.world

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Why widespread tech layoffs keep happening despite a strong U.S. economy::The number of tech sector layoffs in 2024 has been outpacing the number of terminations in 2023.

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[-] Badeendje@lemmy.world 8 points 8 months ago

If you are truly interested in learning why, I could link you some resources.But the long and short of it is, the US is as rich and powerful because one of their big exports is safety for their allies.

You can bet your ass thatany US allies are watching the shit show in congress regarding Ukraine and wondering if they will be left out to dry if push comes to shove, and will hesitate to back US plays in the power competition with China.

this post was submitted on 25 Feb 2024

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