Posts tagged tech layoffs
The Opportunity Cost of Undoing DEI During the Current Tech Layoffs

As the tech layoffs in Silicon Valley continue to increase in number, many individuals may find it difficult to look past the immediate present. 

However, the current trends in Big Tech layoffs will undoubtedly lead to a cautionary tale in the future of how the undoing of diversity, equity, and inclusion (DEI) led to a colossal opportunity cost for tech goliaths.

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How the Silicon Valley Tech Layoffs Are Affecting Minority Professionals

As of March 2023, announcement after announcement of more tech company layoffs in Silicon Valley fills the news headlines. 

A live tracker indicates that the current count already for the year is 123,882 employees laid off from 454 tech companies–and counting. 

This is a troubling start that seems ready to surpass the 2022 layoff total of 161,061 employees from a more widespread number of 1,047 tech companies.

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