Danger Signals from the Digital Sectors
Monday, 28 November 2022
A slowdown in cash flow triggers bankruptcies of digital startups. A storm of layoffs from technology companies risks increasing the number of educated unemployed.
DIGITAL industry companies should prepare themselves because the storm has arrived. The collapse of a number of digital startups since the start of this year is a sign that the technology sector is not immune to crisis.
Two weeks ago, we were shocked by the news of the redundancies from GoTo Gojek Tokopedia, alias GoTo. A total of 1,300, or 12 percent, of GoTo workers were laid off. The GoTo management says that the mass layoffs were t
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