The great concern of tech employees over the wave of layoffs

In the hallways of Meta (parent company of Facebook), employees are shaking. After living a golden life for many years, Silicon Valley stars now dread waking up one morning with a dismissal email in their inbox. Since the publication of disappointing results at the end of July, their boss, Mark Zuckerberg, no longer hides his intentions: faced with the specter of an imminent recession and the slowdown in demand for his services since the “return to normal life”, the elements the underperformers may soon be fired. After years of insolent growth, tech giants like Meta are now rethinking their priorities.

In a macroeconomic environment marked by geopolitical instability and the sudden tightening of monetary policies to combat inflation, it’s time to cut costs for technology companies. The frenetic hiring pace of the past two years…