News for hackers. Stuff that matters.
Re:Stripe Announces 14% Layoff by 29athrowaway on Thursday November 03, 2022 @11:37PM (#33461825)
There are many factors contributing to this...

- Higher interest rates = Less access to capital for tech companies

- Remote work = More out-of-state and international competition for jobs based on tech hubs

- Easier to use technologies = Lower entry barrier to engineering jobs = More people switching careers and becoming software engineers

- More people opting to become software engineers

- Stacked ranking and mass layoffs

There are no comments on this comment yet.