You are viewing a single comment's thread from:

RE: LeoThread 2025-05-01 16:01

in LeoFinance5 months ago

Part 3/9:

The context for these reductions is vital. The current wave of layoffs, while aligning with traditional economic cycles, has often been attributed to overhiring during the pandemic. Tech companies sought to secure talent in anticipation of potential growth, resulting in inflated staff numbers compared to actual operational needs. This phenomenon is not unique to the tech sector; it resonates across numerous industries that experienced similar expansions during the post-COVID boom.

The Factors Fueling Layoffs