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Tech companies weathering major layoffs

SAN JOSE, California -- The ax fell suddenly and out of the blue for technology worker Nitesh Donti. Less than a year ago, on the networking platform LinkedIn, hed expressed excitement over his new job as an engineering manager at robot-vehicle company Nuro. Then last month, Nuro laid off Donti and around 300 others as it slashed 20% of its workforce.
United States San Francisco Stephen Lynch Jeff Bellisario Andrea Scroggy Nitesh Donti

US tech workers react to layoff axes with shock, and 'more pain' is coming

It’s no surprise these tech employees were shocked when the bad news came: Their industry was going gangbusters until it wasn’t, with think-tank Joint Venture Silicon Valley in February reporting that “Silicon Valley’s innovation engine is red hot” and tech was leading a return in employment to pre-pandemic levels.
United States San Francisco Stephen Lynch Jeff Bellisario Andrea Scroggy Nitesh Donti

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