Nearly 25,000 tech workers were laid off in the first weeks of 2024. Why is that?::undefined

  • AA5B@lemmy.world
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    7 months ago

    Hopefully they’re wrong. Commercial real estate should have no direct impact on most tech

    • ricecake@sh.itjust.works
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      7 months ago

      It shouldn’t, but there shouldn’t have been a connection between home mortgages and the auto industry either.
      It’s not just the connectedness of the industry sectors, but their mutual connection to financial markets.