Layoff announcements fell one by one, accelerating in the second half of 2022. Amazon began laying off 18,000 employees. Lyft, the ride-sharing company, said it would lay off 700 of its workers, or 13 percent of its workforce. Tech giants Meta and Twitter announced they are laying off thousands of employees. The new year brought more bleeding in Silicon Valley: Google's parent company Alphabet announced last week it would lay off 12,000 of its employees, Microsoft said it would cut 10,000 employees, and on Monday Spotify said it would reduce its workforce by 6 percent, about 600 people.

https://shepherdgazette.com/tech-downsizing-the-new-york-times/

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