While Layoffs Rock the Tech Industry, the Rest of the U.S. Job Market Remains Stable—For Now

Posted on AllSides July 8th, 2022
From The Center
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ANALYSIS

June wasn’t a great month for the U.S. tech industry, with layoffs accelerating to their highest level of the year, according to business tracking platform Crunchbase. Companies laying off workers in June included Netflix, cryptocurrency firms Coinbase and BlockFi, and electric vehicle company Tesla. The layoffs continued into July at firms including Twitter and GameStop.

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The Observer (New York)

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https://observer.com/2022/07/while-layoffs-rock-the-tech-industry-the-rest-of-the-u-s-job-market-remains-stable-for-now/

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