The title of this article implies that it is a major or even the only cause for mass tech layoffs, which I strongly doubt.
For example, rising interest rates I'm sure also independently contributed. I would be interested to if anyone has gotten a sense of exactly how much this has contributed.
agreed, the interest rates and the overestimation on the stickiness of the pandemic’s increase in internet usage post-pandemic are the primary other contributing factors that, imo, represent the lion’s share; even allowing that the tax changes are tertiary is a stretch much less as the primary/secondary reason
It's hurts small businesses the most, and practically destroys startups. Titles are simplified by necessity and I think the phrase "...that's fueling..." doesn't strongly imply exclusivity.
For example, rising interest rates I'm sure also independently contributed. I would be interested to if anyone has gotten a sense of exactly how much this has contributed.