The 'tech wreck' sweeping Silicon Valley has wiped out tens of thousands of jobs paying a combined $12 billion annually, an analysis of the largest recent cuts shows.
Google-parent Alphabet on Friday became the latest tech giant to announce layoffs, saying it , or about 6 percent of its workforce.
The recent wave of steep job cuts has hit highly paid skilled workers the hardest, as companies that soared during the pandemic now slash costs to brace for an economic slowdown.
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