In the face of worries about a potential recession, layoff news, which had fallen from daily attention since the worst of the pandemic, is back. That's particularly true in the once-thought-invulnerable tech sector.
Layoffs are back in force and among corporate royalty: Netflix, Meta (formerly known as Facebook), Tesla, Coinbase, PayPal, Uber, Peloton, and Carvana. Companies with big backing, big sales, and now, big worries.
Smaller companies aren't immune either, especially when getting advice from powerful forces like startup accelerator YCombinator, as TechCrunch reported after getting a copy of a letter from the firm to its investments.
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