Microsoft and Alphabet Deepen the White-Collar Recession

Published by
The Street

By Luc Olinga The tech sector is on track to cut more jobs than in 2022, a year reminiscent of the bursting of the dot-com bubble. The bad news came through their personal emails and, for some, on the Slack professional messaging app. Others were fired on Twitter in full view of everyone, while some learned of it when they were denied access to their computers. The past few months have been an emotional and professional roller coaster for tech employees, who more often than not make up the largest tranche of white-collar workers. Every month, or even almost every week, since summer 2022 has be…

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