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Volume IconWhere did big tech and startups go wrong on hiring?

After Twitter and Meta, Amazon is planning to lay-off a big chunk of its workforce. Reports say that it would fire close to 10,000 employees. What led to this situation? And what's the road ahead?

Illustration: Binay Sinha

The technology sector is weighing its options of cutting back on workforce. After Twitter and Meta Platform, tech giant Amazon is planning to lay-off a big chunk of its workforce. Reports claim that it would fire close to 10,000 employees, the largest job cut in its history. Meanwhile, bloodbath in start-ups has been on for a while now as the funding taps run dry. So what all led to this situation? And what is the road ahead? Out segment of the podcast offers an insight.

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First Published: Nov 16 2022 | 12:13 PM IST