A wave of mass layoffs across major multinational companies has sparked widespread anxiety among tech and IT employees, with social media users warning each other to brace for financial uncertainty and urging restraint in spending habits.

A recent post on X by The Kobeissi Letter listed more than one lakh job cuts announced across several leading companies, including UPS (48,000), Amazon (up to 30,000), Intel (24,000), Nestle (16,000), Accenture (11,000), and Microsoft (7,000). The post noted that “the labour market is clearly weakening,” highlighting growing instability across industries.

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The news triggered intense reactions from professionals online, particularly in the IT sector. One u

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