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Reuters

U.S. tech companies yank job offers, leaving college grads scrambling

One by one, over the last week of May, Twitter Inc rang up some members of its incoming class of new hires who had recently graduated from college and revoked the job offers in 15-minute calls, according to some of the recipients. “It was traumatic,” Iris Guo, an incoming associate product manager living in Toronto, told Reuters. More than 21,500 tech workers in the United States have lost their jobs so far this year, according to Layoffs.fyi, a website that monitors job cuts.