Skip to content

Indian American CEO condemns recent tech layoffs

Chowdhury has announced that his firm will be expanding and planning to hire talented professionals as well as freshers in multiple fields.

Raj Chowdhury, CEO HashCash. (Picture credit: Twitter)

As the tech industry faces a crunch due to the recent mass layoffs imposed by leading companies such as Meta and Twitter, an Indian American CEO believes that the downsizing approach is not ideal, and will have a negative impact in the future.

Condemning the reduction in workforce Raj Chowdhury, CEO of HashCash said, “Companies going with mass layoffs have a price to pay in morale, performance, and brand value. Removing loyal high-performing talents from your arsenal is not a strategic initiative but a quick and shabby easy fix.”

This post is for paying subscribers only


Already have an account? Log in