On Blind, Anxious Tech Workers Get the Lowdown on Layoffs

On Blind, Anxious Tech Workers Get the Lowdown on Layoffs

The New York Times business

Key Points:

  • Since 2022, major tech companies have laid off over 150,000 workers, undermining the previous sense of job security and affluence in the industry.
  • Amazon, Block, Meta, and Oracle have announced significant layoffs in 2024, with Amazon cutting more than 15,000 jobs and Oracle up to 30,000.
  • The tech culture has shifted toward increased distrust and economic anxiety, with cooperation and friendly relations between employees and managers declining.
  • Blind, an anonymous professional social platform, has evolved from a career advice forum into a space where tech workers openly express fears and frustrations about job insecurity.
  • Employees from various companies on Blind express skepticism about the value of performance reviews, emphasizing the disposability of workers despite good evaluations.

Trending Business

Trending Technology

Trending Health