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Authorized Tech Layoffs… Are they Actually Inevitable? | JD Supra
Current authorized tech layoffs are half of a bigger pattern of cutbacks within the tech trade. What is going to the implications be? We are able to have a look at the risky historical past of tech for clues. With the looming risk of a recession, rising inflation, and rising financial uncertainty, one seemingly invincible trade has seen main cutbacks. A wave of layoffs has rippled throughout Silicon Valley tech corporations over the previous few months, together with Amazon, Microsoft, Salesforce, and extra. These cutbacks have made their method into the authorized tech world as effectively. In January 2023, ediscovery supplier DISCO lower 9% of its workforce, following Relativity’s layoff…