What the high-profile layoffs at Snap, Netflix and other companies could mean for the economy

What the high-profile layoffs at Snap, Netflix and other companies could mean for the economy

For months, tech companies announced round after round of layoffs as the U.S. economy slowed and fears of a recession grew. Although the headlines sound dismal, labor economists say the layoffs don’t necessarily signal a major downturn in other industries. So far this year, more than 41,000 tech workers have been laid off, according to …

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