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rough year

What Tech and Media Layoffs Say About the Economy

January 20, 2023 by admin

This is Work in Progress, a newsletter by Derek Thompson about work, technology, and how to solve some of America’s biggest problems. Sign up here to get it every week. Google’s parent company, Alphabet, today announced that it plans to cut 12,000 jobs, joining a tech-and-media layoff list that already includes Microsoft, Meta, Amazon, Salesforce, … Read more

Categories Business Tags advertising, advertising market, business professor Jeffrey Pfeffer, challenges of the late-pandemic economy, chief executives, companies, coronavirus pandemic, digitization of the pandemic economy, economic slowdown, Entertainment companies, first explanation of this moment, full-time, growth narratives, interest rates, interest-rate story, inversion of 21st-century norms, labor market, large tech, Last year, lot of long-term promises, lowest mark, media companies, media layoff list, mix of actual financial struggles, normal people, online food-delivery apps, overall unemployment rate, pandemic economy, Pandemic stocks, part-time, people, post-pandemic economy, price-to-earnings ratio of tech companies, rough year, second explanation, sophisticated way, special guests, state of the economy, stupid-sounding way, supply-chain snafus, TECH, Tech Companies, tech sector, time machine, to budgets, total number of people, US Economy, US labor market, week. Google's parent company, weird moment Leave a comment

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