Thanks Fed! The Tech Labor And Leasing Bubble Is A Doozy

This is the result of an insane hiring binge over the past few years. And that hiring binge came with an even more insane office-leasing binge going back a decade, and all of this to prepare for a future that never came, and won’t come.

 

https://wolfstreet.com/2023/01/25/whats-behind-the-tech-social-media-layoffs/