A couple months ago tech executives were decrying that they could not find sufficient staff or staff were quiet quitting.
Now all of the tech companies are layoff staff in droves.
Microsoft - 10,000
Amazon - 27,000
Salesforce - 9,000
Google - 12,000
Well I guess it has to be done since revenue is down. Wait revenues are not down?
Well profits must be down. Wait profits are not down?