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It’s all Bleak and Bleary for Big Tech

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It’s all Bleak and Bleary for Big Tech

Also in today's edition: Why We Need Better CPUs, Infosys Tackles Cyber Security of India & Human Feedback Declined

Analytics India Magazine
Jan 23
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It’s all Bleak and Bleary for Big Tech

analyticsindiamagazine.substack.com

Tech giants, which once controlled and commanded the tech world, are on their knees. Their trillion dollars inflated worth of skeletons are now tumbling out of the closet since the recession hit the market.

And in this hour of crisis, it's the employees who have taken the fall. Most of the 200,000 employees laid off since last year were from Silicon Valley-based tech giants. We are just 23 days into 2023, and over 55,000 employees have been laid off this year alone. So, how did the big techs land in this hot soup? 

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