The tech industry’s moment of reckoning: layoffs and hiring freezes

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Image of three cardboard boxes stacked on top of each other, with frowning faces using an upside-down amazon logo for the mouth printed on them.
Companies have been cutting costs. | Photo by Natt Garun / The Verge

Over the past few months, the economy has started to turn, and tech workers are being hit hard. Meta, Twitter, and more have fired thousands, and others are slowing or freezing hiring.

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