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Tech jobs hiring freeze runs the risk of becoming a major rout

Richard Curran


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Stop: Mark Zuckerberg is chief executive officer and founder of Meta Platforms – Facebook’s parent. Photograph: Al Drago/Bloomberg

Stop: Mark Zuckerberg is chief executive officer and founder of Meta Platforms – Facebook’s parent. Photograph: Al Drago/Bloomberg

Stop: Mark Zuckerberg is chief executive officer and founder of Meta Platforms – Facebook’s parent. Photograph: Al Drago/Bloomberg

The tech jobs environment is looking more and more shaky. It started as a stock market rout which savaged big tech valuations. The trickle down effect hit startups and high-growth firms.

Suddenly, and for the first time, tech executives in unprofitable private companies are having to explain to investors why their shares are actually worth less than they paid for them.


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