In Silicon Valley, startups are laying off staff as investors pull back from big tech

In the startup world, investors are pulling back, companies are laying off employees and IPOs are being delayed. Is a tech bubble about to burst, or has the unraveling already started?

EMILY FENG, HOST:

The pandemic supercharged big tech companies, but now those companies have seen share prices drop dramatically. Smaller tech startups are feeling the pain, too, as companies lay off employees and look for other ways to cut costs.

NPR tech reporter Bobby Allyn joins us to explain whether the slowdown represents a tech bubble bursting or something else entirely. Hi, Bobby.

BOBBY ALLYN, BYLINE: Hey, Emily.

FENG: So there

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