Layoffs and Re-hires: A New Trend in Tech

The tech industry has been experiencing a significant number of layoffs in recent months, with many companies cutting costs and re-hiring employees at lower salaries. This trend has been observed by career coach Mandy…

According to Mandy, companies are reposting jobs at significantly lower salaries following layoffs, effectively resetting the salary base to a much lower threshold. This practice has been confirmed by recruiters and w…

The demand for AI chips, particularly Nvidia's H100 GPUs, has been increasing exponentially, with many tech companies hoarding these chips for their AI training infrastructure. Meta, for example, has announced that it…