The huge wave of tech layoffs is laying the groundwork for a 20% rally among stocks in the sector, W (insider@insider.com (Carla Mozée)/Insider)

insider@insider.com (Carla Mozée) / Insider
The huge wave of tech layoffs is laying the groundwork for a 20% rally among stocks in the sector, W – Headcount cuts in the tech sector are the first major step towards stabilizing these stocks, said Wedbushs Dan Ives.In this photo illustration the Google, Gmail and Google Maps app icons seen displayed on a smartphone screen.A photo illustration shows Google, Gmail and Google Maps app icons. Rafael Henrique/SOPA Images/LightRocket via …

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