How a Little-Known Tax Change Sparked a Tech Layoff Surge

How a little-known tax change sparked a tech layoff surge

For nearly seventy years, US companies could immediately deduct the full cost of their research and development activities, from engineering salaries to software development and contractor fees....

Massive Tech Layoffs May Be the Fault of a 2017 Trump Tax Cut

A new theory of the tech industry's economic woes has been found.

The tax law change might be the reason behind Mark Zuckerberg’s “Year of Efficiency” and mass layoffs at Meta

When tax law hits innovation, tech companies like Mark Zuckerberg’s Meta begin employment cuts. As budgets tighten, projects slow down, and the race to innovate takes a back seat to cost-saving measures.This info The tax law change might be the reason behind Mark Zuckerberg’s “Year of Efficiency” and mass layoffs at Meta was first published on Gamepressure.com 11 June 2025.

Did Big Tech Companies in the US Lay Off Thousands to Save Tax?

Halfway through 2025, companies in the United States like Microsoft, IBM, PwC, Crowdstrike and other big names have already laid off thousands of employees across their workforce. Notably, Microsoft alone has eliminated 6,000 employees, representing nearly 3% of its workforce. Some of these companies have pointed to AI as a contributing factor in their decision to reduce staff.  Although AI’s role has been disputed, several analysts and insiders…

Massive Tech Layoffs May Be the Fault of a 2017 Trump Tax Cut - WorldNL Magazine

The good times in Silicon Valley are over—at least as far as the current generation of coders is concerned. The software industry is shrinking and, since 2023, the tech industry has been hemorrhaging jobs at an astounding rate. Workers who would’ve been secure several years ago are now out on their asses. While the reasons for this are diverse (AI is often discussed as a potential culprit and the overall economy has had its ups and downs over th…