Why is the tech industry laying soo many people off?

I open this video alittle different, to hint of what my future plans with be, and how my set up will change. Also with soo many tech companies laying people off, what exactly is the reason why. I read an article, from forbes.com explaining it, and I give my thought on the whole subject myself. Also I talk about why I held on to my job while every thing with covid took place. Lets get into it.
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