Tag: Big TechTech

Silicon Valley’s Golden Age Fades as Big Tech Layoffs Continue

Silicon Valley’s Golden Age Fades as Big Tech Layoffs Continue

It’s well known that the Big Tech companies that have dominated the internet have brought in billions of dollars over the years, allowing them to spend it on shocking salaries, beautiful offices, and smaller companies. The past year of rising interest rates and falling stock prices has caused a rumble in the industry, along with the San Francisco Bay region that it rules. Currently, there are tens of thousands of layoffs from many top tech companies, including Google, Microsoft, Amazon, and Facebook.

Hey! Are you enjoying NYCTastemakers? Make sure to join our mailing list for NYCTM and never miss the chance to read all of our articles!