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What are the lessons that tech companies can learn from the 2023 layoffs
The tech industry has been hit hard by layoffs in 2023, with tens of thousands of workers losing their jobs. This starkly contrasts the hiring sprees we saw in 2020 and 2021, as tech companies scrambled to meet the increased demand for their products and services during the pandemic. Several factors have contributed to the current wave of layoffs, including the uncertain global economy, rising inflation, and the war in Ukraine. However, it is also clear that many tech companies overhired during the pandemic and now must make difficult decisions to reduce costs. Here is the full link - https://www.computerworld.com/ar...
