Mass layoffs don't deter tech workers as they stick with sector, look to startups

Tech workers that have experienced layoffs this year as investor exuberance around the sector fades and companies re-examine payroll costs in preparation for a potential recession.

"I'm a single mom. I'm the only income in my family, in my household," said Hailu, who quit a stable engineering job to join the tech sector in 2021.

"I was feeling very anxious, very worried about the future. I think I probably cried for two weeks and I still cry now, when I think about it."

Hailu's experience places her in a growing group of tech workers that have experienced a layoff this year as investor exuberance around the sector fades and companies re-examine payroll costs in preparation for a potential recession.