High interet rates means tech takes it on the chin. I work in audit and consulting and we have advised every single one of our tech clients to start cutting costs.
Investment is down, values are down, banks no longer want to loan out money as easily to tech. Our clients are all mid size or smaller but generally applies across the board.
DDP200 t1_iwqgxc9 wrote
Reply to comment by Vince_Clortho042 in Roku to Lay Off 200 Employees, Cutting Headcount by 7% by MarvelsGrantMan136
High interet rates means tech takes it on the chin. I work in audit and consulting and we have advised every single one of our tech clients to start cutting costs.
Investment is down, values are down, banks no longer want to loan out money as easily to tech. Our clients are all mid size or smaller but generally applies across the board.