<I’m Confused>

If you’ve been following the news of late you’ve probably seen a lot of headlines similar to these:

• “Tech consulting giant Accenture cutting 19K jobs“

• “Facebook-parent Meta plans to lay off another 10,000 employees“

• “Dell to lay off 6,650 workers, or 5% of its workforce“

• “Microsoft to lay off 10,000 workers as it looks to trim costs“

And those companies are just the tip of the iceberg, with mass layoffs affecting numerous tech professionals across the entire tech tech sector.

All these layoffs have prompted me to ponder this question: If these companies can lay off thousands of their employees, did they really need that many in the first place?  [Read more…]