Marketplace Tech

Silicon Valley faces tough realities in this economic landscape

10.11.2022 - By MarketplacePlay

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Layoffs. Hiring freezes. Falling valuations. The headlines coming out of the onetime land of the unicorns have been pretty unromantic lately. It’s a dramatic turn for an industry that has been all about growth. Over the last two decades, and especially the first couple of years of the pandemic, tech exploded as more of the world moved online. But that seems to be changing. Marketplace’s Meghan McCarty Carino spoke with Kari Paul, a tech reporter for The Guardian, who recently wrote about whether Big Tech is past its prime. Paul said that with the economy in flux, the tech industry is not immune.

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