Here are the Big Tech companies that have announced layoffs in 2022 ...Middle East

Technology by : (The Hill) -
Big Tech companies have announced tens of thousands of layoffs in recent weeks amid stock losses, jumbo interest rate hikes implemented by the Federal Reserve and consumers' pivot away from goods in the aftermath of the worst of the coronavirus pandemic. At the height of the pandemic, the Federal Reserve slashed interest rates to near-zero levels, both former President Trump and President Biden signed COVID-19 stimulus bills into law and consumer spending on goods skyrocketed while most of the world was under lock down. As a result, Silicon Valley saw an enormous spike in growth and stock gains. But more recently, return to in-person, pre-pandemic lifestyles have led to revenue

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