In the face of worries about a potential recession, layoff news, which had fallen from daily attention since the worst of the pandemic, is back. That’s particularly true in the once-thought-invulnerable tech sector.
Layoffs are back in force and among corporate royalty: Netflix, Meta (formerly known as Facebook), Tesla, Coinbase, PayPal, Uber, Peloton, and Carvana. Companies with big backing, big sales, and now, big worries.