"Tech Layoffs in 2024: The End of Silicon Valley's Worker Monopoly?"

After a year of mass layoffs in Silicon Valley, tech workers are increasingly seeking stability over high-growth equity, leading to a shift in the job market. Non-tech enterprises are successfully attracting tech talent with promises of stable employment and cash prioritization, while big tech companies struggle with layoffs and disillusionment among employees. This trend is reshaping what it means to thrive in the tech industry, with tech workers seeking better work-life balance and stability in non-tech industries, despite the potential trade-offs in innovation and remote work flexibility.