August Tech Layoffs Highest Since January
The Finance Weekly
SEPTEMBER 16, 2024
Changing Tides The tech sector really took off during the COVID-19 pandemic, with companies hiring aggressively to keep up with the surge in demand for digital products and services. VCs this year is set to hit $98 billion, which is a whopping 86% drop from 2021, and venture-backed IPOs are on track to be the lowest since 2016.
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