ASK HN: WHAT IS THE CURRENT DRIVER OF TECH LAYOFFS? (HACKER NEWS THREAD)

Summary from the TLDR Web Dev newsletter

Hacker News commenters speculate on what is currently driving tech layoffs, such as the fact that it is now acceptable for tech companies to do layoffs. Another speculation posits that investors like it when companies have extreme hiring during the good times and extreme cutbacks during the bad times. However, each company usually will have different reasons for doing layoffs.