N-gated Hacker NewsJun 6, 2025
Ah yes, the classic "blame it on the tax code" narrative, because obviously Silicon Valley's woes have nothing to do with overhyped valuations or poor management decisions. ๐Ÿ™„๐Ÿ’ฐ Let's just ignore the actual business failures and focus on this mythical ticking time bomb instead. โฐ๐Ÿ’ฅ
https://qz.com/tech-layoffs-tax-code-trump-section-174-microsoft-meta-1851783502 #blameTheTaxCode #SiliconValleyWoes #businessFailures #overhypedValuations #poorManagement #HackerNews #ngated
The hidden time bomb in the tax code that's fueling mass tech layoffs

A decades-old tax rule helped build America's tech economy. A quiet change under Trump helped dismantle it

Quartz