While many factors came into play, one of the main drivers for layoffs in the tech industry in particular can be traced back to the pandemic. Lockdown measures and work-from-home mandates saw a boom in e-commerce and cloud services. Large tech firms expanded their operations and company valuations soared in line with the surge of demand at the time.However, demand quickly waned after the pandemic at the same time as global markets contracted sharply. To compensate for overbuilding, tech giants G...