This is just corporate gaslighting at this point; There is no legitimate reason so many very profitable tech companies need to fire so many when we are not even in a recession according to the United States Government and the treasury and the banks, and its not like they are not making record profits.<p>They cant say "we are making record profits" and in the same breath say "we need to fire people to survive" that's not how that works. Pick one.
Why did so much tech go on a pandemic hiring spree? Did they think it was going to last forever? I don't understand all everyone ( in tech ) made the same mistake. "oh let's increase our headcount by 25% in response to a pandemic that is mutating and gradually lessoning in severity while vaccines and other medicines are dramatically increasing in efficacy... but it's going to last forever." what am i missing? How did the whole industry get it wrong? Did they think the whole planet was goign to be ok with these authoritarian hobby regimes keeping everyone locked inside glued to a monitor?