Michael Ciriaco

Last week, Microsoft announced that the company plans to axe 10,000 workers, amounting to approximately 5% of its staff. This mass layoff follows a current pattern of instability within the tech sector that includes the collapse of the cryptocurrency company FTX and Elon Musk’s cataclysmic overhaul of Twitter following his acquisition of the social media monolith in October.  This “dot com bust 2.0,” as some financial analysts refer to it, reflects a downward spiral in the US tech industry, which hemorrhaged $7.4 trillion in 2021. While this negative trend affects workers on multiple levels, from corporate recruiters to software engineers, […]