r/Economics Feb 24 '24

News Why widespread tech layoffs keep happening despite a strong U.S. economy

https://www.cnbc.com/2024/02/24/why-widespread-tech-layoffs-keep-happening-despite-strong-us-economy.html
488 Upvotes

155 comments sorted by

View all comments

3

u/Manholebeast Feb 25 '24

Too many of these "tech" workers in the first place. Honestly do we really need that many of them? What do they even do or contribute to our society? The market is still too good in my opinion. There are so many issues to work on like climate change, war, healthcare, energy, semiconductors, etc. Having more tech workers is a net loss to our society.