What just happened? Many former employees at big tech companies are admitting that they had very little to do at their jobs, despite earning high salaries. Since then, companies across the tech industry, including Amazon, Meta, Microsoft, Twitter, PayPal, Yahoo, Zoom, IBM, Spotify, and others, have announced massive layoffs, affecting tens of thousands of employees. " He also pointed out that that the situation was very similar to what happened in the finance industry in the early 2000s, when companies overhired during periods of high growth, leaving many workers with not enough work