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Dubai News Club > Tech > The tech industry’s moment of reckoning: layoffs and hiring freezes
Tech

The tech industry’s moment of reckoning: layoffs and hiring freezes

Press Room
Last updated: 2022/11/14
Press Room Published November 14, 2022
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It feels like every day, we hear news of mass layoffs and hiring freezes from big tech companies that were formerly famous for having deep pockets and near-endless amenities for workers. Now, it’s clear that the industry as a whole is tightening its belt, leaving hundreds of thousands of employees out of work — and more wondering if they’ll have a job within the next few months or searching for jobs in an industry that no longer has a spot for them. It’s gotten to the point where one…

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