Today’s Tech Giants Show That Market Dominance Is Transitory

Continuing the trend from 2022, Big Tech has begun 2023 by downsizing. Google on Friday and Spotify on Monday announced plans to lay off about 12,000 and 600 employees, respectively, totaling roughly 6 percent of each company’s workforce. Last week, Microsoft announced 10,000 layoffs, a reduction of less than 5 percent. These companies join a […]