| January 25, 2023 The New York Times, The Morning newsletter |
| By Julie Bosman, National Correspondent |
| Good morning. The drumbeat of layoffs in Silicon Valley is partly a result of how the pandemic upended the economy. |
 Amazon’s lobby in Midtown Manhattan last year.Karsten Moran for The New York Times |
| Future barometer |
| The layoff announcements dropped one after another, accelerating throughout the second half of 2022. Amazon began laying off what will be 18,000 employees. Lyft, the ride-share company, said it would dismiss 700 of its workers, or 13 percent of its staff. The technology giants Meta and Twitter announced that they were cutting thousands of employees. |
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