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this post was submitted on 06 Aug 2023
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The layoffs were all from the big tech companies, the small ones are still operating as per usual.
Not necessarily. The ones you HEAR about are from big tech companies, but many small tech companies are also tightening their belts to follow suit.
My evidence is inherently anecdotal, but my current (at the time) and previous companies of 100-ish people both also had (multiple) layoffs -- more like 5 people each time rather than thousands, sure, and they never hit the news. I reported mine to layoffs.fyi, with the evidence that "company X just laid me off," and they never posted it.
Zoom is one of the big ones, though, relatively.
They pay big tech salaries. So anyone leaving a job at Zoom would definitely be competing against those 150k who we're laid off this year.