How tech layoffs could affect the economy

Tech Insider
  • In the beginning of the pandemic, people were spending more money on digital services and goods.
  • So tech companies went on a hiring spree.
  • Now those same companies are slashing their workforces in mass layoffs.

Tech companies went on a hiring spree during the

Salesforce is hiring over 3,000 people, despite axing 10% of staff in brutal job cuts earlier in 2023

Tech Insider
A close-up of Benioff that shows him extending his hand.
Salesforce cut 8,000 jobs earlier this year in major layoffs.

NICHOLAS KAMM/AFP via Getty Images

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