“Since every big company is doing the same, it’s a ‘safe’ time to do layoffs without setting off any alarm bells or lawsuits.”
Chris Lee runs Launch School, whose grads hit a $124K average base salary in 2022. He calls 2023 a bloodbath and says big tech is cutting to appease twitchy investors and claw back leverage from employees. The money is still there. Companies are sitting on it and calling the layoffs a downturn.