According to Kotaku, we’re well over last years head count in layoffs.

  • kingthrillgore@lemmy.mlOP
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    8 months ago

    The largest factor is lack of capital, which is something everyone is enduring due to the SVB collapse. This is a giant recession of the entire sector and I don’t see how it corrects any time soon.

      • GlitterInfection@lemmy.world
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        8 months ago

        While breathing is cool, I have some hope that it will start correcting this year or next.

        The big thing is that the raised interest rates have helped to prevent a real recession. So the real question is when can they come back down. I hope it starts this year even though it’ll likely take years to go back to what they were pre-pandemic, if the go that low again.