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Opinion: Amid layoffs and slowing growth, when will the tech sector rebound?

Markets have rewarded recent layoff announcements from prominent tech firms such as Meta and Microsoft, but does that mean the sector has bottomed out?
Opinion: Amid layoffs and slowing growth, when will the tech sector rebound?
You don’t have to be a social media buff to know that the recent Twitter layoffs have dominated the news cycle the past week. On October 28, billionaire Elon Musk closed on his $44 billion deal to buy Twitter. By Tuesday (November 8), TWTR would have been taken off the New York Stock Exchange, and shareholders paid $54.20 per share. In the week since his deal closed, he’s brought a kitchen sink into the headquarters, turned out its board, and most sensationally, fired half its w…
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