I’m having trouble understanding the reason for these massive tech layoffs. Twitter—sure. Meta? OK, bad bet on “metaverse” and social network in decline. But what has suddenly changed for Google and Amazon?

One possible explanation here: https://news.stanford.edu/2022/12/05/explains-recent-tech-layoffs-worried/

What explains recent tech layoffs, and why should we be worried? | Stanford News

As layoffs in the tech sector mount, Stanford Graduate School of Business Professor Jeffrey Pfeffer is worried. Research – by him, and others – has shown that the stress layoffs create takes a devastating toll on behavioral and physical health and increases mortality and morbidity substantially. Layoffs literally kill people, he said.

Stanford News
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