For much of the past two decades, the ethos of Silicon Valley was largely defined by Facebook’s former motto: “move fast and break things.” But in a sudden and dizzying shift, the current mood in the tech sector could perhaps best be described with a far more restrained mantra: “cut costs and try to survive.”

(SOURCE) https://www.cnn.com/2022/06/09/tech/tech-downturn/index.html