How big tech giants’ top executives justified mass layoffs

Mark Zuckerberg | Mark Zuckerberg, Meta CEO: Incessant investment post-COVID world arrangement made things go worse for the tech giant, as things capsized soon after initially how industries witnessed growth after.

Andy Jassy | Andy Jassy, Amazon CEO: Jassy partially attributes the layoffs to Amazon’s “Invent and Simplify” leadership principle, he further went on to justify normalizing it as a part of the company’s lifecycle.

Satya Nadella | Satya Nadella, Microsoft CEO: “At the same time, the next major wave of computing is being born with advances in AI, as we’re turning the world’s most advanced models into a new computing platform.”

Sundar Pichai | Sundar Pichai, Google CEO: The company witnessed “dramatic growth” in the last two years and hired many employees for a “different economic reality” than the company faces today.

Layoff Explanation | Owing to the macroeconomic situation and tough challenges coming ahead is something the companies have cited behind the harsh call, here’s how a few big tech giants’ CEO has justified their move.

Google New Addition | Google became the latest addition in the mega spree of sacking across the tech industry, eliminating 12,000 jobs which constitute 6% of its global workforce.

Employees | The massive hiring spree bubble post-pandemic world order has now busted and seen an incessant level of firing from the top tech companies.

The big tech layoffs across the globe have created a massive uproar sending more than a Lakh of youths unemployed.

How big tech giants’ top executives justified mass layoffs | How big tech giants’ top executives justified mass layoffs