Researcher ORCID Identifier

Graduation Year


Document Type

Open Access Senior Thesis

Degree Name

Bachelor of Arts



Reader 1

Patrick Van Horn

Reader 2

Nicholas Kacher

Rights Information

2023 Aliza L Mayer


Layoffs in the technology sector since 2021 have dominated news cycles and raised concern amongst everyone, from investors to employees. However, there is limited literature regarding the reasoning behind these layoffs and whether they really are as concerning and dramatic as our modern-day news has expressed. In this paper, I examined the historical trends of employment and contributing factors and discerned that the current wave of layoffs has occurred for a few reasons. In the past, the technology sector has been very strategic with hiring and only does so when revenue permits. However, during the pandemic, the technology sector became overzealous by their potential demand and technology craze and therefore overhired when revenue did not permit such. Hence, these findings aid the discussion that the COVID-19 pandemic entered unprecedented waters and is one to continue investigating.