Why are big tech companies laying off?
Description
Why are big tech companies laying off employees? There can be many reasons behind the major layoff in tech companies even when it is growing at light’s speed. Starting with the fact that Apple’s recent policies have affected the revenue of various companies. It has recently restricted social media and ad companies from taking user’s data without their permission. It has led to a significant loss in their business. The International Business Machines Corporation (IBM) laid off 3,900 employees. Companies like CoinBase, Netflix, SalesForce, Snapdeal, etc. are also cutting the majority of jobs in the US tech sector.Web page:
