> a proper explanation (which I didn't find skimming the article) needs to cover why tech is more influenced by that than say travel & leisure sectors.
Sure - the explanation goes like this: in the tech industry, a larger number/proportion of these jobs are in pre-revenue/growth stage companies (as acerbically categorized by OP). The difference between a growth stage company and an established company is that the growth stage one needs more capital to fund its growth. The cost of capital has risen rather dramatically, therefore the total workforce these companies are able to fund has shrunk.
P.S. Love the "slugs through the hourglass" meta tag find!
Sure - the explanation goes like this: in the tech industry, a larger number/proportion of these jobs are in pre-revenue/growth stage companies (as acerbically categorized by OP). The difference between a growth stage company and an established company is that the growth stage one needs more capital to fund its growth. The cost of capital has risen rather dramatically, therefore the total workforce these companies are able to fund has shrunk.
P.S. Love the "slugs through the hourglass" meta tag find!