In the tech world right now, there's a slow motion disaster playing out essentially everywhere you look, with few players in the

US and connected markets in particular escaping unscathed. After having injected about

$15 billion into metaverse-related efforts, few of which have become anything more than minor

blips on the cultural radar thus far. Facebook parent company, Meta, which was formerly just called Facebook,

but the name was changed to symbolize this reorientation of purpose as well,

has laid off about 13% of its total workforce,

around 11,000 people who were booted in part because that big investment didn't pay off at a scale or as rapidly as MetaFounder and CEO Mark Zuckerberg thought it would.

Amazon recently announced they would be firing approximately 10,000 people, primarily from their devices, retail, and human resources divisions,

representing about 3% of their total corporate workforce

and only 1% of their overall employee base.

But this was still their largest ever round of job cuts, and an anomaly during the usually

quite profitable and stable holiday shopping season, during which the company doesn't

want to do anything to upset the

income Apple cart.

Twitter has been going through a period of immense and dramatic flux, having recently

been acquired by Tesla and SpaceX founder Elon Musk, against his ultimate wishes, as it turns

out, but the company higher-ups forced him to go through with an earlier deal that he

tried to back out of when the market shifted and tech company valuations dropped, essentially

overnight. And his tenure at the helm has at times been described as an omnischambles, a word

more typically reserved for British politics, which maybe gives you a sense of just how

confused and ineffectual it has been up till this point.

Musk kicked things off by firing about half the company's workforce, reportedly around

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