Mass layoffs in big techs, following increased demand during the COVID-19 pandemic, resulted in the layoff of more than 51,000 people. Faced with this reality, some people may wonder how the reduction in the number of employees of the technology giants impacts their routine or day-to-day.
Mass layoffs in big techs impact on the final consumer?
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With the exception of Apple, companies like Meta, Microsoft, Google and IBM, considered the giants of technology, laid off about 50 to 70 thousand employees. The reasons for the dismissals are related to high inflation, economic slowdown and decrease in income from advertising.
Based on this scenario, it is important to know what the forecasts are for the sector and whether mass layoffs in big tech can affect your life in any way.
Availability of products and services
Initially, the services offered by big techs may present some instability, especially for companies like Twitter, which dismissed around 80% of its staff. In this way, bugs can be checked more frequently on the platform.
When talking about products, in turn, the expectation is that the production of new technological devices will not be affected, since layoffs only represent a readjustment of supply and demand to correct the increase in hiring carried out at the height of the pandemic.
However, there may be delays in launching new products and software due to the reduction in employees who, even though they do not represent more than 10% of the number fired, make a difference when it comes to adjusting demands.
Misinformation and moderation difficulty
On Twitter, which represents the most severe face of mass layoffs in big techs, the reduction in the workforce employees can negatively impact the moderation of content on the platform, which directly contributes to the increase in the spread of false news.
This is because content moderation is mainly carried out by employees who analyze the application of the rules of conduct on the platform and the suspension of content published by users.
Thus, for the final consumer, layoffs by technology giants will not directly impact the daily lives of those who use these platforms.