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re: US tech industry getting hammered right now...
Posted on 11/2/23 at 2:58 pm to bamabonners
Posted on 11/2/23 at 2:58 pm to bamabonners
All those vanity projects at various big tech companies fueled by cheap cash are coming to an end. Belts are tightening as VCs aren't throwing as much cash at startups anymore and larger established firms are stagnating.
Expenses are up and fat is being trimmed. Google would get a lot of bad press for all its failed projects but so do a lot of other companies in this industry.
The chickens have come home to roost.
Expenses are up and fat is being trimmed. Google would get a lot of bad press for all its failed projects but so do a lot of other companies in this industry.
The chickens have come home to roost.
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