In 2022, the tech industry experienced a significant wave of workforce reductions, raising concerns about its impact on DEI initiatives. This has led to a critical question: how can this trend be rectified?
Elon Musk’s acquisition of Twitter for $44 billion and subsequent termination of half of the total 7,500 employees, drew considerable criticism. This included 90% of Twitter’s Indian workforce.
However, it’s worth noting that other tech leaders have also been forced to downsize. Three out of the four most diverse tech companies, namely Zoom, Twitter, Cisco, and Microsoft, have implemented staff reductions in recent months.
