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- Tech Companies Have Laid Off More Than 219,000 Workers in 2023. but Don’t Worry, Because Biden Says the Economy is Fine.
Tech Companies Have Laid Off More Than 219,000 Workers in 2023. but Don’t Worry, Because Biden Says the Economy is Fine.
by Michael Snyder The Economic Collapse Blog
If you want to believe that propaganda that is coming from the Biden administration, you probably won’t want to read this article. Joe Biden insists that “Bidenomics” is working and that a wonderful new era of peace and prosperity is just around the corner. Meanwhile, inflation is out of control, homelessness is rising to very frightening levels, the commercial real estate market is imploding, and large companies are conducting mass layoffs all over America. In fact, tech companies have already laid off more workers in 2023 than they did all of last year…
More than 219,000 global technology-sector employees have been laid off since the start of 2023, according to data compiled by the website Layoffs.fyi.
That number has gone up more than eightfold since mid-January, the website noted.