Tech Stocks' Unproductive Work
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most tech workersMoneywise
•Venture capitalist slams 'useless' Google employees for draining the economy and ‘taking money away’ from the workforce’s retirement programs. Is he right?
70% Informative
David Ulevitch is a venture capitalist at Andreessen Horowitz .
He thinks most tech workers aren’t doing anything at all.
He says they are taking money away from the rest of the workforce's retirement programs.
Layoffs are often a sign of difficult times in the sector, but not always.
The last time the U.S. saw a high unemployment rate — 14.7% — was in April 2020 .
This article provides information only and should not be construed as advice. It is provided without warranty of any kind..
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