Tech layoff, Is This The “Right” Time to Lay Off Your Employees?

Andreas Sujono
Venture
Published in
7 min readMar 20, 2023

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In 2022 and 2023, almost all the major tech companies announced some cost-cutting measures, including layoffs. Why it’s happening? Wasn’t tech companies make a lot of money during the covid period? let’s discuss this from my point of view and personal opinion.

Let’s go back to 3 years ago when the covid outbreak started and almost all face-to-face…

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A Full Stack Developer with 5 years of working experience, Web2 and Web3 Enthusiast, twitter: @AndreasSujono2