Mike Blake/Reuters
- Tech became obsessed with efficiency in 2023 with about 260,000 workers laid off across the year.
- That obsession has continued into the new year with Big Tech firms announcing further cuts.
- Alphabet, Amazon, Twitch, and Discord are among those to cull staff in the opening weeks of 2024.
Big Tech was obsessed with efficiency in 2023.
Industry leaders used the phrase to justify the culling of hundreds of thousands of tech workers throughout the year as they scrambled to reverse some of their pandemic-era hiring in the face of a drastic economic downturn.