Tech workers are getting the sack
Layoffs haven't reached their covid19 peak, but they're on the way
Companies are sacking more of their employees. Layoffs havenβt reached their COVID-19 peak, but tech startups fired 33,000 of their staff in the past two months. The recession is biting. Rising capital costs have crushed the shares of unprofitable companies and inhibited their ability to raise money. Workers have been miffed by stock-based compensation β¦