Google, Amazon, and Microsoft layoffs will result in a ‘bloodbath’ of 40,000 jobs lost. Inside the tech industry’s week from hell

• Amazon, Microsoft, and Google announced layoffs of a total of 40,000 employees this week.
• These companies went on hiring sprees during a pandemic boom, but now they’re cutting back.
• It’s a sign that this era of huge growth is over and that companies are resetting their priorities.

This past week was brutal for Big Tech employees.