Tech Layoffs: Positive For The Investor?

<p>Dell is expected to layoff 6,650 employees in latest tech company job cuts. "Meta Platforms (META), previously Facebook (FB), started the layoffs last quarter when they cut 11% of their workforce. There is investor pressure when one technology giant is doing it and seeing a positive outcome on their bottom line. The U.S. government has put in a lot of money into corporations' hands through Covid-19 and once that goes away, employee cuts start to occur," says Candy Valentino. Recent tech layoffs also happened in PayPal, Google, Microsoft, and Salesforce.</p>