What Do Big Tech Layoffs Mean for STEM Programs?
Illustration: Rod Coddington
Kate Marijolovic, The Chronicle of Higher Education
This week, Zoom announced it will be eliminating 15 percent of its staff. Spotify, Amazon, Google, and Microsoft have all made cuts in their workforces in the past month. Amazon and Google are also expected to hire fewer interns in 2023 than in past years.
It is being called the largest wave of tech layoffs since the dot-com crash in the early 2000s, and it’s creating headaches for colleges’ career-counseling offices and soon-to-be-graduates who flocked to majors that once promised plentiful jobs.