Why are so many jobs being shed in Big Tech?

On Friday, 12,000 Google employees opened an email telling them their jobs are gone.

The cuts follow those at others like Meta – the owner of Facebook and Whatsapp – as well as Twitter and Microsoft.

More than 200,000 jobs have been axed in the technology sector in just more than a year.

Some blame over-recruitment during the height of the pandemic. Others, wrong strategies for the future – and then there’s the worsening economic climate.

Why are so many jobs being lost in the industry worldwide?

And is Big Tech in big trouble?

Presenter: Adrian Finighan

Elaine Burke – Science and technology journalist, and Host of the For Tech’s Sake podcast.

Jim Anderson – Chief executive officer of Beacon Software and social media sector lead at Glasswing Ventures.

Adrian Weckler – Technology editor at the Irish Independent newspaper.

Article source: https://www.aljazeera.com/program/inside-story/2023/1/21/why-are-so-many-jobs-being-shed-in-big-tech