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Everything You Need To Know About Tech Layoffs | Meta Layoffs



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Welcome back! In this video, I try to dispel some misconceptions about tech layoffs. I also interview a former Microsoft tech worker who was impacted by the layoffs and discuss what the future may hold for the industry.

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► Timestamps
0:00 - Introduction
1:09 - Overview
1:45 - Interview with former Microsoft employee
2:35 - Reasons for Companies Deciding to Layoff
2:55 - Inflation
3:24 - High Interest Rates
4:08 - Fear of a Recession
4:28 - Investors' Pressure
4:59 - Over-hiring during the Pandemic
5:28 - How do Tech Companies Decide Whom to Layoff?
6:16 - Reasons for Layoffs: Insights from former Microsoft Tech worker
7:40 - Severance for Tech Employees and its Impact on Foreign Workers
8:16 - Thoughts on the Tech Industry Moving Forward
9:26 - How to Prepare for a Layoff
10:44 - Outro

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