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What the Latest Tech Job Cuts Indicate
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Whatever job security existed in tech appears to have disappeared. On Monday, LinkedIn said it was cutting 668 people, the third round of layoffs at the Microsoft-owned unit this year. Meanwhile, developer forum Stack Overflow said Monday it would cut its staff by 28%—which, according to the Verge, amounts to 100 jobs. And that’s just today: late last week, Flexport cut 20% of its staff, or 660 people, following a similar reduction in January, while word that Qualcomm plans …
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