In a shocking turn of events, tech giants across the country are laying off workers at an alarming rate. According to Fox Business, these major companies are letting go of employees at a huge rate, leaving many young people feeling the brunt of the impact.

The Seattle Times reports that Sting, the iconic singer-songwriter, played an elite Microsoft event in January, unaware that layoffs were looming at the company. Microsoft is just one of the many tech companies that have had to let go of employees in recent weeks.

Moneycontrol reports that tech giants are on a sacking spree due to the economic downturn caused by the pandemic. Fortune adds that tech layoffs in 2023 are already one-third of last year’s number and it’s only January.

The New York Times reports that the layoffs have shocked young workers, while older employees are not as surprised. Many of the older workers have seen layoffs happen in the tech industry before, and have been more prepared for the news.

It is unclear how many people have been affected by the layoffs, or how long they will last. However, it is clear that the tech industry is facing an uncertain future.