I guess. But the article veers from that too. It counts Capital One and Carvana as tech. And I only got down to the Cs to see those!

Honestly it looks like the article is just bundling up nearly any company that uses computers in their business and laid off as "tech" (or Silicon Valley in that paragraph).

Carvana puts thousands of car salesmen on the street because the leadership can't figure out how to properly track car titles and it's part of a "tech layoff trend to bring workers to heel".

BTW, a friend's actual Silicon Valley, actual tech (and I don't mean selling mattresses over the internet) company laid off today. About 3.5% of headcount. So there is something there. I just think it's being massively misrepresented here.