tech layoffs
Silicon Valley cuts
Tech layoffs are job cuts at technology companies, typically affecting large numbers of workers at once.
The term gained particular currency during periodic contractions in the tech industry, when companies that hired aggressively during growth phases shed thousands of employees: Another round of tech layoffs hit Silicon Valley this week.
The phrase often carries undertones of corporate excess—companies that overhired now correcting course at workers' expense.
- downsizingReducing workforce or scale
- severanceTermination pay or disconnection
- exit interviewDeparting worker's feedback session
- unemploymentBeing without paid work
- Silicon ValleyBay Area tech corridor
startup · recession · hiring freeze · talent pipeline · pink slip · restructuring · soft landing · workforce reduction · redundancy · LinkedIn · resume · burnout · at-will employment · stock options · remote work · FAANG · coding bootcamp · outplacement
- job automationjob automation, job loss, industrial automation, factory robots, machine learning
- tech scandalsCambridge Analytica, Theranos, data breaches, privacy violations, data breach
tech layoffshiring spree
Intensive period of employment
hiring boom · talent acquisition · onboarding · staffing up · job creation
tech layoffsjob security
Protected employment status
signing bonus · promotion · employment · tenure · retention
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