Layoffs and Shutdowns Hit Biotech Industry in U-Turn

The recent headlines about tech layoffs don’t seem to match broader economic indicators, which show a strong job market and a historically low unemployment rate.

WSJ’s Gunjan Banerji explains the disconnect. Illustration: Ali LarkinFor a decade, the companies flourished, flush with cash, and fueled by excitement over new technologies such as cell therapy,

Is this the work of economic rationalists?

This will have real life consequences over the next 5-10yrs

Yeah but Joey says things have never been better under his leadership. He just can’t help himself. We should put him in a room with Santos & have a liar contest. It would be a blockbuster media event.

Because you can't earn money from the new crown, right?

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Layoff tracker: Mass layoffs by tech companies big and small hit the Bay AreaZoom, Ebay, Paypal, Alphabet, Salesforce, Meta, Splunk, Stripe. Here's an overview of Bay Area tech companies that have recently executed a mass layoff. Direct result of big tech execs / management realizing exactly the amount of work actually being completed by employees while working remotely. Sounds counter to the lowest unemployment level discussion.
La source: abc7newsbayarea - 🏆 529. / 51 Lire la suite »

Biotech stocks that could surge more than 35% include one name targeting treatments for schizophreniaInvestor interest around new drug launches could mean biotechnology stocks are due for a breakout, some say. Yeah niece they hear You Get free benefits for medication and your father is not a white manor the president of the United State’s here they come With their Sciences and Miseducations to sabotage your growth and awareness.
La source: CNBC - 🏆 12. / 72 Lire la suite »