Tech Layoffs Surpass 250,000 in 2023
In total, more than 250,000 workers at tech companies of all sizes were let go this year, according to job tracker Layoffs.fyi. Layoffs.fyi creator Roger Lee joins Ed Ludlow and Caroline Hyde for a deep dive on the numbers on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube: Watch the latest…
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@jazilzaim
December 14, 2023 at 5:37 pm
One side of this is that the VCs aren’t getting their high IRR either. Much better to shut a business down and return cash to investors rather than keep a business running profitably and sustainably. So this is also another factor of layoffs and companies shutting down. More founders recently are now choosing to bootstrap and avoid VC money which could see a resurgence with some companies becoming more sustainable in the near future.
@BUY.YT.VIEWS.
December 14, 2023 at 6:01 pm
when are you gonna post again?