Summary:
«Facing rising costs and widespread economic uncertainty, big tech companies continue laying off their skilled workforce in droves. From Meta to Twitter, Amazon to Stripe, and AirBnB to Zillow, network effects-driven platforms across industries are trying to right-size their workforces, facing the consequences of over-hiring in recent years, while navigating 40-year inflation highs.»
«But there is a silver lining in big tech’s cloud of restructuring, and it’s in the healthcare industry.»
«For both big-tech workers debating their next career move, and healthcare companies needing big-tech chops and network effects experience, the landslide of layoffs means there is an abundance of tech talent available, and plenty of companies – and an entire industry – that stand to benefit.»
Article written by Seth Joseph
08|12|2022
Source:
Forbes