Hours after Joe Taylor was laid off by Uber Technologies Inc., as part of the ride-sharing company’s far-reaching cost-cutting, the hardware engineer began looking for a new job. What he’s seeing is a Silicon Valley job market that has lost its spark.
The tech industry has been one of the most resilient sectors of the economy during the Covid-19-induced economic downturn. Microsoft Corp. and Amazon.com Inc. reported strong sales growth for the first quarter even as quarantining measures came into effect. But major layoffs...
Uber and AirBnB are not in the 'tech' sector.
GREAT !
We’re all in the same boat just different levels all sinking together.
Uber and Airbnb aren't tech companies. They're service businesses that rely on physical presence. Huge difference.
In NJ the ban on short term rentals by the Governor has severely impacted ABB, Uber of course we aren’t going anywhere. They may be “tech” companies but their deliverable isn’t tech.
Learn to code to get a job. Lol
Cutting the fat
And yet on the news the stocks surge. Anyone who is laid off should boycott and avoid those companies. Let the investors deal with worthless paper
these are hospitality businesses
This is Trump/GOP's fault period.