PC Pro (Digital)

PC Pro (Digital)

1 Issue, March 2023

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Tech’s job cuts: a necessary cull?

James O’Malley investigates why massive job cuts are suddenly sweeping across the tech industry
Tech’s job cuts: a necessary cull?
When controversial billionaire Elon Musk completed his acquisition of Twitter, the news was quickly followed by the announcement employees wanted to hear least: there would be substantial layoffs. In the days and weeks that followed, Musk took an axe to the company’s payroll, chopping around half of the company’s 7,500 staff, and threatening to cut more if they didn’t sign up to his tough new work regime. It was a dramatic move that captured the attention of, well, Twitter, for several days. But it was not an unusual one. Around the same time, most of the other big names in Silicon Valley – and many of the smaller ones – all announced layoffs. Most dramatic of all was Meta, the parent company of Facebook, which stated it would be shedding 11,000 – or…
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PC Pro (Digital) - 1 Issue, March 2023

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