Wave of layoffs from tech companies: Don’t worry

But maybe it’s not that simple. Of course, tech companies face a dilemma of some sort. No company dismisses employees just like that, for fun and frolics. In this respect, the question is quite justified as to whether the stock market is underestimating the current wave of layoffs? After all, Amazon CEO Andy Jassy, ​​successor to Jeff Bezos, also pointed out the cost pressure, which he believes makes it necessary to cut jobs. So the fear of a major crisis in the tech industry cannot be completely dismissed. On the other hand, it doesn’t work without technology either. The world as a whole is in transition. Mankind is facing enormous challenges that will hardly be mastered without technology. Against this background, it seems difficult to imagine that the tech industry will slip into a long-term growth weakness.