Mass layoffs in Big Tech are an old-guard mistake4 min read . Updated: 16 Nov 2022, 01:39 PM IST
- Twitter, Meta and Amazon are repeating what history has proved to be a deeply risky strategy, weakening companies in the long term for short-term savings.
For years, fawning profiles have assured us that tech titans like Elon Musk, Jeff Bezos and Mark Zuckerberg are 21st century visionaries, not old-school corporate hacks — which is precisely why news of mass layoffs at Twitter Inc., Amazon.com Inc. and Meta Platforms Inc. is so jarring.
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