Big Trouble For Big Tech
Four of the largest Big Tech firms have announced job layoffs totaling more than 50,000 this month. The carnage to date: 12,000 jobs at Google, 10,000 at Microsoft, 11,000 at Facebook and 18,000 at Amazon.
It’s not exactly clear which positions will be abolished and where. For instance, will Google trim its subsidiary YouTube, or other elements within its larger corporate sphere?
Also, why did all of the executives from these companies throw overwhelming support to Joe Biden, when Biden’s policies have obviously served as an albatross for these Silicon Valley firms? Here’s more from Tim Pool.