Market Outlook•
Tech Winter: Tech layoffs, the great resignation, and other tells for changing course
What was supposed to be a big year for tech has morphed into a downward spiral, and the question remains: could there be a silver lining? “Everyone should be laying people off,” explained venture capitalist and previous managing partner at SoftBank Latin America, Shu Nyatta, to online research publisher ‘Rest of World’. SoftBank, the investment giant known for raking the biggest stakes in the highest-valued investments of 2021, announced a loss of almost $20Bn to its Vision Fund earlier this year. The […]
