11.6 C
Ottawa
Tuesday, October 22, 2024

Why are so many jobs being shed in Big Tech?

Date:

From: Inside Story

Thank you for reading this post, don't forget to subscribe!

Hundreds of thousands of people laid off in just over a year as major tech firms cut back.

On Friday, 12,000 Google employees opened an email telling them their jobs are gone.

The cuts follow those at others like Meta – the owner of Facebook and Whatsapp – as well as Twitter and Microsoft.

More than 200,000 jobs have been axed in the technology sector in just more than a year.

Some blame over-recruitment during the height of the pandemic. Others, wrong strategies for the future – and then there’s the worsening economic climate.

Why are so many jobs being lost in the industry worldwide?

And is Big Tech in big trouble?

Presenter: Adrian Finighan

Guests:
Elaine Burke – Science and technology journalist, and Host of the For Tech’s Sake podcast.

Jim Anderson – Chief executive officer of Beacon Software and social media sector lead at Glasswing Ventures.

Adrian Weckler – Technology editor at the Irish Independent newspaper.

know more

Popular

More like this
Related

Donald Trump Trolled With Debate Banner Over College Football Game

Democrats have mocked Donald Trump by flying a banner...

Barcelona reach agreement to sign Szczesny to succeed Ter Stegen

German Ter Stegen injured. Polish journalist Tomasz Wlodarczyk confirmed that...

B.C. Interior braces for Chilcotin River landslide flooding

British ColumbiaB.C. Interior braces for Chilcotin River landslide floodingOn...

IN PHOTOS | Friday’s Team Canada highlights at Paris Olympics

SportsOlympicsSummer SportsHighlights of Canadian athletes competing at the Paris...