Layoffs aren't over yet for tech giants as managers prepare to tighten on the 'laptop generation,' says tech investor Gene Munster
Microsoft's first round of layoffs in January hit 10,000 workers, while Google's impacted around 12,000. Munster believes these cuts, which he said were"representative of what the topline is doing," have been modest compared with those made by
The efficiency plans have led companies such as Meta to target layers of middle managers that prominent Silicon Valley voices. These include Elon Musk, who has called out such employees as beingwho he considered to be detached from the day-to-day reality of operations.
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