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I don’t think it’s deep info, or even copycat, except of course that general industry tends to be driven by the same economic waves that roll over us from time to time. When executives expect recession conditions, they try to act proactively. One of the certain places they can quickly cut costs is in headcount.

Tech definitely bloated a bit over the pandemic because of the uncertainty. Pandemic is over, recession is upon us, this is more a normalization in my opinion.




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