# The Impact of Tech Layoffs on Remote and Overseas Workforces

Published 2022-06-30 · Updated 2026-06-08 · Professional AV on MarketScale
Canonical: https://www.marketscale.com/industries/pro-av/the-impact-of-tech-layoffs-on-remote-and-overseas-workforces
Creator hub: Pro AV Today

> As businesses search for profitability in the face of a potential recession, many tech companies have made the difficult decision to layoff significant portions of their staff. But what, if any, impact does this trend have on the remote and overseas workforce? We asked Lach de Crespigny, Co-Founder of Revelo, to break down this impact and…

As businesses search for profitability in the face of a potential recession, many tech companies have made the difficult decision to [layoff](https://www.usatoday.com/story/tech/2022/06/27/layoffs-netflix-coinbase-tech-recession-worries/7701262001/?gnt-cfr=1) significant portions of their staff. But what, if any, impact does this trend have on the remote and overseas workforce? We asked Lach de Crespigny, Co-Founder of [Revelo](https://www.revelo.com/), to break down this impact and discuss how companies like Revelo are responding.

Watch or read his response below:

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