Friday, March 17, 2023

Tech employees

Leon Musk took over Twitter last October and quickly cut the staff from 7,500 to 2,000. This opened the eyes of people in the tech industry and since many others have made drastic cuts. These companies were manned by tech types who needed coddling but those days are gone. They are demanding the employees come back to the office. So far this year 93,000 people have been laid off by tech companies This seems to have little effect on the efficiency of the companies. The average salary in these companies is $150,000 which is twice the US average. Some in the industry say the gravy train is over.

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