Tech Industry Layoffs Continue to Mount

  • 📰 nbcbayarea
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

The tech industry is shrinking fast. Here's a look at the latest layoffs.

The tech industry is now shrinking faster. But despite thousands of layoffs at big companies like Meta, Twitter and DoorDash, Guo said Bay Area techies probably won't be jobless for long.

"They're probably not going to be long-term unemployed," Guo said."They have a lot of potential job options.""These startups will be excited to have someone with that in their resume," Job.com co-founder Arran Stewart said."The $100 billion invested by VCs into tech companies in America, they are hiring people," Stewart said."They won't pause.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 596. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Layoffs and Hiring Freezes: Media Industry Ends 2022 With Bad News for JournalistsCNN and Gannett staffers face layoffs, NPR announced a near-total hiring freeze as part of cost-cutting measures, and the Washington Post is killing its award-winning Sunday magazine.
Source: VanityFair - 🏆 391. / 55 Read more »

How the crypto hiring landscape is responding to industry layoffsIn this episode of The Scoop, Rob Paone — founder and CEO of crypto recruiting firm Proof of Talent — shares his perspective on how the crypto hiring landscape has changed during the bear market.
Source: TheBlock__ - 🏆 464. / 53 Read more »

CNN begins layoffs amid challenging time for media industryThe Cable News Network's chief executive Chris Licht took over in May and told staff recently the cuts were a 'gut punch' to the organization. People left CNN after it turned in to Fox II. See ya.
Source: wrtv - 🏆 598. / 51 Read more »