Why Tech’s Latest Job Cut Wave Feels Different

When a year or so ago tech companies including Amazon, Meta Platforms and Google announced broad layoffs—in some cases for the first time in their history—tech workers were on edge.

But as 2023 wore on, there was a little sense of relief. It started to feel like the post-pandemic themes of “rightsizing” and “removing layers of management” that defined the “year of efficiency” had passed.