this post was submitted on 29 Jan 2024
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Nearly 25,000 tech workers were laid off in the first weeks of 2024. Why is that? (www.npr.org)
submitted 2 years ago by L4s@lemmy.world to c/technology@lemmy.world
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Nearly 25,000 tech workers were laid off in the first weeks of 2024. Why is that?::undefined

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[–] AA5B@lemmy.world 9 points 2 years ago (1 children)

I don’t get how there’s any connection. Sure, it sucks to own commercial real estate, or be one of the service companies that grew up to support office work, but isn’t the whole problem being that tech and other large companies no longer want to pay for that? This should be a bonanza for tech companies, saving billions of dollars that formerly went toward renting office space. Why aren’t we expecting a tech company boom?

[–] shalafi@lemmy.world 1 points 2 years ago

This is probably going to work out to be a global catastrophe.

https://old.lemmy.world/post/11314307

https://old.lemmy.world/comment/7121127