Tag
#layoffs
6 articles
Caution Leads The Way
A restrained and measured approach has continued to be taken by the Federal Reserve, with policy left unchanged as inflation remains slightly above the 2% target and the effects of tariffs introduce further complexity.
25 Jun 2025
Microsoft Is Joining The Tech Firing Spree
Microsoft Corp. announced it was cutting 10,000 jobs, making it the latest tech giant to do so amid worries about the state of the world economy.
25 Jan 2023
Cost-Cuttings And Lay-Offs At Amazon
Amazon's leadership is carefully examining its Alexa business as part of its ongoing cost-cutting review. Alexa is Amazon's voice assistant available on a range of devices, the company is reportedly reviewing whether it should invest in the addition of new capabilities
15 Nov 2022
Stripe To Reduce Headcount By 14%
Stripe CEO Patrick Collison stated in a letter to staff that 2022 has been more difficult than previous years. The company blamed inflation, energy shocks, higher interest rates and lower investment budgets for the company's slowdown.
08 Nov 2022
Tech Is Freezing Hiring
For years, the tech sector has been rapidly expanding its workforce, but the cheap money that supported years of high-flying startups is now running out.
10 Oct 2022
Inflation Is Eating Into Profits And Valuations
The fortunes of investors riding a 13-year bull market are being shattered by a dizzying reversal in technology-startup financing. The new climate has quickly brought high-flying businesses to a halt: layoffs, cautious investors, a fund outflow, and the threat of a valuation cut.
23 May 2022
