THE BIG LAYOFF OF 2022

You may have recently heard about many companies laying people off, maybe even heard the word recession thrown around? Well, it is true several companies have recently laid off a large amount of employees; Netflix being one of them. Laying off 300 employees! Netflix isn’t alone, check out this list here with 95 other companies who did the same. It is hard to believe that in the most technology time, and growing that companies directly related to tech are doing such big layoffs, why do you think this is? Is the downsize due to the fact that more tasks are being completed by systems or online processes now? Or do you think it is due to lack of funding? We have all seen some companies never really recovered after the COVID shut down, some small business owners took a huge hit from the market. Let us know what your thoughts are!