Google and Meta Announce Major Tech Layoffs

Some of the most prominent technology companies in the world have begun cutting staff to reduce costs. While some savings will result from reductions in overhead and consulting budgets, most are expected to develop from cutting employees.

More than 80,000 tech workers have been laid-off so far in 2022.

Major blue-chip tech companies have begun quietly cutting staff to reduce costs.

Potential downsides to having employees compete for limited internal positions.

For practically the last two decades, major blue-chip tech companies like Google and Meta have been known for their luxurious office perks, corporate culture, and rapid hiring. The desirable workplace cultures paired with the exclusive benefits these companies are known for have even sparked the creation of Hollywood movies such as The Internship, which showcases …

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