World: Tech companies keep slashing jobs in uncertain 2023 economy

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 84%

United States News News

United States United States Latest News,United States United States Headlines

Layoffs that began in 2022 are accelerating across some technology companies.

“Amazon has weathered uncertain and difficult economies in the past, and we will continue to do so,” Jassy said. “These changes will help us pursue our long-term opportunities with a stronger cost structure.”The iPhone maker has paused hiring for many jobs outside of research and development, an escalation of its plan to reduce budgets heading into next year, according to people with knowledge of the matter.

“This is not about reducing our workforce – in fact we’ll have roughly the same number of employees at the end of this fiscal year as we had when we started,” Herren said. Cisco had more than 83,000 employees as of July 30.is eliminating 60 positions as the cryptocurrency market slumps. The crypto exchange announced in June it would lay off 18% of its workforce, or roughly 1,200 employees.

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:

 /  🏆 3. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I never believe in earning money online before but since I started seeing different people testifying about Randy_Fxhelps ,i was so interested in investing with him because all friends who Invested have all received their profits successfully and so do I Dm 👇 Randy_Fxhelps

United States United States Latest News, United States United States Headlines

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

Russian gas exports outside ex-Soviet states fell 45.5% in 2022 | BusinessRussian gas exports to countries outside a group of former Soviet republics plunged by 45.5% in 2022, figures from gas giant Gazprom showed on Monday. | News24_Business _Business And the deals not going through Gazprom increased 300% _Business Cool. _Business What was their overall growth, even with the EU sanctions? Looks like China and India are buying up the difference
Source: News24 - 🏆 4. / 80 Read more »