On the agenda today:AdvertisementBut first: Job anxiety is gripping the once-cushy Big Tech industry .
ReutersDispatchA Big Tech reckoningWondering what happened to the free lunches and merch in Big Tech?
The acronym, which stands for Zero Interest Rate Phenomenon, has become Silicon Valley shorthand for a changed workplace.
Whereas before Big Tech companies couldn't hire quick enough, now it's laser focused on reducing layers .
AdvertisementBut amid increased competition, an end to cushy perks, and the risk that they might wake up one day to find their office badge no longer works, many working in Big Tech feel … well, a little less special .
Persons:
Gen, Aki Ito, she'd, Gen Xers, David Vades Joseph, Rob Dobi, doomsayers, they're, Jake Epstein, Scott Stapp, Matt Turner, Dan DeFrancesco, Jordan Parker Erb
Organizations:
Business, Big Tech, Reuters, Microsoft, Meta, BI Boomers, US Navy, Navy, Phoenix
Locations:
Big Tech, Big, Red, New York