Tech companies coddled their employees. Now they're firing them

After a boom that has lasted for nearly 15 years, the tech industry is in retrenchment mode. Tech employees who were once encouraged to bring their whole selves to work are publicly mocked as woke crybabies by venture capitalists who see Musk as the leader of a righteous cleanse. Sacks also suggested that Twitter’s failings were not caused by its former CEO Jack Dorsey, but by Dorsey’s overly coddled employees. Moreover, while tech valuations are way down, it’s not at all clear that employees have lost their leverage. It’s become commonplace to attribute the provocations of tech venture capitalists, especially those egging on Musk, to a sense of misplaced self-pity.