Tech Layoffs Give Employers and Employees Important Reminder to Review Equity Compensation Terms | M
The end of 2022 and the beginning of 2023 have been filled with news of tech layoffs, including the notable FAANG companies (Meta, Apple, Amazon, Netflix, Alphabet) and smaller, privately held companies. The cause of these layoffs is multifaceted, including increased cost of capital through higher interest rates, inflation, less optimistic economic forecasts, and over-hiring