Technology giants collectively “overwinter”, Microsoft is said to plan to lay off more than 10,000 employees

For an established technology company like Microsoft to lay off 10,000 employees, it seems that it can fully explain that “landlords have no surplus food.” However, under the prospect of the upcoming recession, most economies in the world are actually cautious about investing in the new year, but the media and the public seem to pay more attention to technology companies. When it comes to layoffs, Chinese and American media are everywhere. It is the information of large-scale layoffs of technology companies.

In fact, while tech stocks have slumped amid rate hikes, the Nasdaq remains above pre-pandemic levels. And after layoffs, many companies are still much larger than they were before the pandemic. In addition to technology companies, there may be more companies in other industries that have fallen into recession but have not received everyone’s attention.