This Tsunami Of Tech Layoffs Could Soon Be The Largest We Have Ever Seen

by Michael

This is starting to look like 2008 all over again.  For years, the tech industry was the strongest part of the U.S. economy by a wide margin.  The largest tech firms were raking in billions upon billions of dollars in revenue and their stock prices soared to unprecedented levels.

  But now the tech industry has suddenly fallen on difficult times.  Many large tech companies are laying off huge numbers of workers, and we are being warned that even more layoffs are ahead. 

If the most prosperous sector of our economy is experiencing this much trouble already, what is the outlook for the rest of the economy as we head into 2023? (Read More…)

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