Thursday, December 01, 2022

Another tech bubble bursts: 2022 has been brutal for Silicon Valley workers

Another tech bubble bursts: 2022 has been brutal for Silicon Valley workers
  • The breadth of the layoffs this year is breathtaking, affecting every part of the tech sector from farming robots and cryptocurrency to social media and semi-autonomous vehicles.
  • The San Francisco Bay Area, home to tech giants such as Meta and Cisco, has taken the brunt of layoffs in 2022.''
  • This count doesn’t include jobs lost at smaller tech firms, though, which seems to have pushed the number of tech company layoffs this year to more than 137,000, according to Layoffs.fyi, a project of San Francisco entrepreneur Roger Lee.
Here’s a list of the layoffs hammering the tech sector this year — with more than a month still to go before the calendar turns..

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