{"id":156302,"date":"2023-01-26T13:25:46","date_gmt":"2023-01-26T19:25:46","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2023\/01\/why-are-so-many-tech-companies-laying-people-off-right-now"},"modified":"2023-01-26T13:25:46","modified_gmt":"2023-01-26T19:25:46","slug":"why-are-so-many-tech-companies-laying-people-off-right-now","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2023\/01\/why-are-so-many-tech-companies-laying-people-off-right-now","title":{"rendered":"Why are so many tech companies laying people off right now?"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/why-are-so-many-tech-companies-laying-people-off-right-now3.jpg\"><\/a><\/p>\n<p>Didn\u2019t they just have record-breaking profits?<\/p>\n<p>There\u2019s an eerie similarity to the statements tech companies have made about their recent layoffs. Mainly, if the press releases are to be believed, the C-suite of every Big Tech company on Earth \u2014 well, with the notable exception of Apple, which has not announced layoffs \u2014 figured no one would ever go outside or spend money offline again after the pandemic and their various online businesses would stay just as big as they were during the heights of covid.<\/p>\n<p>I do love a heavily lawyered statement that was clearly written by the public relations department! In fact, these are all so similar that they might as well have come from the same PR person\u2026 More.<\/p>\n<hr>\n<p>All of these statements sound suspiciously similar.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Didn\u2019t they just have record-breaking profits? There\u2019s an eerie similarity to the statements tech companies have made about their recent layoffs. Mainly, if the press releases are to be believed, the C-suite of every Big Tech company on Earth \u2014 well, with the notable exception of Apple, which has not announced layoffs \u2014 figured no [\u2026]<\/p>\n","protected":false},"author":578,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,43],"tags":[],"class_list":["post-156302","post","type-post","status-publish","format-standard","hentry","category-biotech-medical","category-business"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/156302","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/578"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=156302"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/156302\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=156302"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=156302"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=156302"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}