Tech layoffs reflect decrease in consumer demand
Tech layoffs reflect decrease in consumer demand
(NewsNation) — Layoffs are sweeping through the tech industry in a sign of softening consumer demand.
While corporate profits and overall job numbers are strong, tech companies have been announcing massive layoffs and hiring freezes.
Elon Musk fired half of Twitter’s workforce after he acquired the company — though reports say some of those workers have been asked to return.
Facebook parent…