(Photo by Justin Sullivan/Getty Images) Getty Images Key Takeaways There have been a huge number of layoffs across the tech sector so far this year, with some analysts suggesting it could be the begin...
Tag: tech sector
Amazon Is Next In The Onslaught Of Tech Layoffs
Getty Images Key takeaways Amazon plans to lay off around 10,000 employees beginning as soon as this week The online retail giant represents another in a growing chain of tech firms slashing head coun...
Amazon set to lay off 10,000 employees as reductions mount: NYT
Amazon is on the verge of cutting 10,000 positions in what would be the company’s largest mass-firing, representing around 3% of corporate and 1% of global employees, The New York Times reported, citi...
Apple May Be Ripe For Picking
Photographer: Jeenah Moon/Bloomberg © 2022 Bloomberg Finance LP A September posting recommended selling AppleAAPL short. This switch from bear to bull can be partially explained by this monthly histog...
What Snapchat’s Layoffs Mean For Investors
Getty Images Key takeaways Snap plans to lay off around 20% of its global workforce, or nearly 1,300 out of 6,400 employees Snap will also cancel some in-house projects to limit liabilities and stream...
Alphabet And Microsoft Missed Their Earnings Estimates
Getty Images Key takeaways Alphabet and Microsoft released their earnings reports Tuesday after the bell Both tech giants missed estimates, though the damage wasn’t as bad as some feared Alphabet shar...