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Breakingviews – Big Tech layoffs are dystopian job-market fiction
Breakingviews - Big Tech layoffs are dystopian job-market fiction,Layoffs at technology giants including Twitter, Amazon.com , and Meta Platforms mark the first large-scale job cuts since early 2020. After years of falling U.S. unemployment, it might seem like Silicon Valley is foreshadowing the beginning of a dystopian future for workers. Yet there’s a good chance that what happens in Silicon Valley won’t spill over into the rest of the economy.

Breakingviews – Big Tech layoffs are dystopian job-market fiction

Layoffs at technology giants including Twitter, Amazon.com , and Meta Platforms mark the first large-scale job cuts since early 2020. After years of falling U.S. unemployment, it might seem like Silicon Valley is foreshadowing the beginning of a dystopian future for workers. Yet there’s a good chance that what happens in Silicon Valley won’t spill over into the rest of the economy.