When big companies initiate mass layoffs, they often create a ripple effect that affects their suppliers, partners, and even competitors. This significant loss of talent and expertise can hurt innovation and slow down progress in key sectors. Instead of cutting jobs as a first resort, companies should explore alternative solutions like upskilling their employees. While the dangers of big tech's layoff-contagion are real, so are the opportunities for innovation and growth that come from investing in people. https://www.ptechpartners.com/jobs/