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by uglysexy 3800 days ago
Tech giants do have funding in the form of CapEx. Like Apple throwing money into their 'Apple Car' project or Twitter doing the same into building new features. These tech giants have these semi-independent projects that have that 'startup' feel. Google has many of these, including their self-driving car team.

When these tech giants have layoffs - usually in the 100s or 1000s - it's a big hit to the job market. May not be reflected on Craigslist or Dice, but there'll be a lot more job-seekers. Instead of getting 50 resumes per job posting, hiring managers would be getting hundreds.