Posted inTechnology

SE Asia tech downshifts from take-off to layoff

2022 saw big tech companies retrench thousands of workers globally. The trend highlights that the era of cheap capital flooding the market and fuelling accelerated growth is over, as rising interest rates kick in to tame inflationary pressures. Many high-growth tech companies hired too aggressively during the Covid-19 pandemic to meet the unprecedented demand for […]

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