Disliked{quote} Is that why Big Tech had so many layoffs lately, Cause they are ’productive’? https://www.youtube.com/watch?v=g-voQsFY6SEIgnored
As I know, META layoff a lot of employees, because the Metaverse project has issues with their shareholders, the company bears too much loss, had burned lots of money to support this project. Twitter after bought by Elon Musk, he makes a mass layoff is try to cost down. Many big enterprises would layoff bad performance employees annually as usual, and recruit new employees based on their future demands.
Mass layoffs normally are caused by problems of cost and the change of core team . profit centers.
Company loses big money mostly are caused by CEO's false decision, management or economic environment issues.
6