Tech layoffs are 'the new normal'

Tech companies worldwide have laid off nearly 35,000 workers so far this year, adding to the worst stretch of job cuts the industry has seen in decades. In the U.S., cities dependent on the tech sector like Seattle and San Francisco are among the hardest hit. On POLITICO Tech, University of Washington professor Jeff Shulman joins host Steven Overly to explore the economic and political impact of tech’s big layoffs. Learn more about your ad choices. Visit megaphone.fm/adchoices

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The POLITICO Tech podcast is your daily download on the disruption that technology is bringing to politics and policy. From AI and the metaverse to disinformation and microchips, we explore how today’s technology is shaping our world — and driving the policy decisions, global rivalries and industries that will matter tomorrow.