Layoffs create uncertain outlook for tech sector

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Layoffs create uncertain outlook for tech sector RTE.ie
Laid-off tech employees find it hard to get jobs Greatandhra
Laid-off tech workers describe what it's like to hunt for a job now San Francisco Chronicle
Silicon Valley’s honeymoon with wealth is ending. Employees are packing bags ThePrint
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Inflation and rising interest rates are driving tech layoffs this month, and more than 21,000 tech workers have lost jobs.More than 21,000 workers have lost jobs across tech companies this month

What Layoffs at Meta and Twitter Mean For the U.S. Economy | Time

www.washingtonpost.com

Facebook parent Meta is laying off 11,000 people, about 13% of its workforce, CEO Mark Zuckerberg said in a letter to employees Wednesday.A source says Meta is expected to end leases at its main San Francisco office, as well as offices in New York and Austin.

abc7news.com

Facebook parent Meta is laying off 11,000 people, about 13% of its workforce, CEO Mark Zuckerberg said in a letter to employees Wednesday.

Facebook parent company Meta laying off 11,000 employees, CEO Mark Zuckerberg announces; 3 offices expected to close | abc7news.com

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The news came without warning or fanfare. John (not his real name), an Irishman in London, had worked for several Big Tech firms since moving to the UK more than a decade ago, and he thought he had made a successful start to his career at TikTok.The news came without warning or fanfare. John (not his real name), an Irishman in London, had worked for several Big Tech firms since moving to the UK more than a decade ago, and he thought he had made a successful start to his career at TikTok.

‘A lot of this industry is built on sand’: former employees of Big Tech firms reveal the reality of working there - Independent.ie

After more than a decade of living their work, tech workers are being let go.After more than a decade of living their work, tech workers are being let go.

Facebook layoffs are a reminder that your job won’t love you back - Vox

Facebook's parent company Meta today fired more than 11,000 employees, in a bid to reduce costs following disappointing earnings and a drop in revenue.Facebook's parent company Meta today fired more than 11,000 employees, in a bid to reduce costs following disappointing earnings and a drop in revenue.

Mark Zuckerberg Says "I Got This Wrong", Facebook Parent Meta's Biggest Layoffs

Headlines are blaring stories of turmoil in the tech world as companies, including Meta and Twitter, slash their workforces.Tens of thousands of newly laid-off tech workers from Twitter, Meta and elsewhere are now...

Tech layoffs: Workers describe what it’s like to hunt for job

Meta, Twitter, Google, Microsoft, Apple, Netflix, and Patreon have fired employees in droves. And funding is drying up for tech startups in India too.Meta, Twitter, Google, Microsoft, Apple, Netflix, and Patreon have fired employees in droves. And funding is drying up for tech startups in India too.

Silicon Valley’s honeymoon with wealth is ending. Employees are packing bags

We would like to speak to people working at companies including Twitter and MetaWe would like to speak to people working at companies including Twitter and Meta

Tech workers: have you been affected by recent job cuts? | Technology | The Guardian

Tech layoffs became a common part of headlines in the second half of 2022 as technology companies adjusted their payrolls.Tech layoffs became a common part of headlines in the second half of 2022 as technology companies adjusted their payrolls.

Tech Layoffs In 2022: 23 Companies Slashing Their Workforce | CRN

Big tech companies like Twitter, Netflix, Microsoft, Snap, and others have downsized their workforce by thousands while reports claim that companies like Meta, Amazon, and others have frozen hiring and are planning to hand pink slips to their employees. Here's a list.Big tech companies like Twitter, Netflix, Microsoft, Snap, and others have downsized their workforce by thousands while reports claim that companies like Meta, Amazon, and others have frozen hiring and are planning to hand pink slips to their employees. Here's a list.

Microsoft, Amazon, Facebook, Netflix: Economic slowdown forces big tech to cut jobs - BusinessToday

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nytimes.com

www.wired.com

From Twitter and Lyft to Meta and Amazon, Big Tech companies are facing layoffs and hiring freezes as the economy slows.From Twitter and Lyft to Meta and Amazon, Big Tech companies are facing layoffs and hiring freezes as the economy slows.

Twitter, Meta, Lyft, and more: Another wave of layoffs hits tech

Last week, tech firms like Twitter, Lyft, and Stripe laid off tons of workers. Investors, founders, and recruiters say there's still more to come.Last week, tech firms like Twitter, Lyft, and Stripe laid off tons of workers. Investors, founders, and recruiters say there's still more to come.

Experts Say Last Week's Mass Layoffs Were Just the Beginning

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Bloomberg - Are you a robot?

Even before the recent waves of layoffs, people were leaving their old jobs for new opportunities in climate tech.Even before the recent waves of layoffs, people were leaving their old jobs for new opportunities in climate tech.

Laid off? Climate tech is looking for talent and founders • TechCrunch

A number of big tech companies including Apple, Amazon and Facebook have announced hiring pauses or layoffs in recent weeks amid fears of an economic recession.A number of big tech companies including Apple, Amazon and Facebook have announced hiring pauses or layoffs in recent weeks amid fears of an economic recession.

Big tech braces for recession with litany of hiring freezes, layoffs | Fox Business

While tech companies try to cut costs with layoffs, they’re still hiring. Analysts say reorganizing tech roles through rightsizing will put resources in underserved areas.While tech companies try to cut costs with layoffs, they’re still hiring. Analysts say reorganizing tech roles through rightsizing will put resources in underserved areas.

Fix Tech Staffing With Rightsizing, Not Layoffs | TechRepublic

Listen in to hear Elaine Burke, editor of Silicon Republic, explain to Sinéad O’Carroll.Listen in to hear Elaine Burke, editor of Silicon Republic, explain to Sinéad O’Carroll.

The Explainer: What do the layoffs at Meta and Twitter mean for the tech industry?

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The FTSE 100 ended the day 9.89 points lower, down 0.14%, at 7,296.25.The FTSE 100 ended the day 9.89 points lower, down 0.14%, at 7,296.25.

Global stocks sink as all eyes on mass tech sector lay-offs | Evening Standard

Tech giants are in crisis. Time to panic?Tech giants are in crisis. Time to panic?

theweek.com

Tech giants are in crisis. Time to panic?Tech giants are in crisis. Time to panic?

theweek.com

Job cuts and pauses on hiring are beginning to flow across the tech sector, which boasts some of the most valuable companies in the world. That's bad news for the economy as a whole.Job cuts and pauses on hiring are beginning to flow across the tech sector, which boasts some of the most valuable companies in the world. That's bad news for the economy as a whole.

Tech layoffs, hiring freezes reach ‘alarming number,’ cast a shadow over economy | WRAL TechWire

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