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A comment on Laid off tech workers quickly find new jobs. Parent comment

Re:Laid off tech workers quickly find new jobs by sokoloff on Wednesday December 28, 2022 @12:36PM (#34163450)
> FAANGs are slowing down hiring because they used PPP money to overhire and are now trimming down the fat.

Do you have any evidence that any FAANGs took PPP money to overhire? I searched the PPP loan datasets (using fairly terrible online tools) and couldn't find any instances that would be aligned with your claim above. Did I miss some?

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Re:Laid off tech workers quickly find new jobs by sangnoir on Wednesday December 28, 2022 @02:06PM (#34164527)
FAANGs overhired because they incorrectly assumed that the lockdown-induced revenue increase was the new normal.
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