Big Tech Layoffs: Why Tech Companies are Cutting Jobs in 2023. #shorts

Senzon Tech
Senzon Tech
437 بار بازدید - پارسال - Big Tech companies like Amazon,
Big Tech companies like Amazon, Meta, Coinbase, Google, IBM, Microsoft, and Salesforce are laying off thousands of employees in 2023. The reasons for the layoffs are a combination of several factors including drained stock values, smaller growth, high inflation, overzealous hiring practices, and the uncertain economy. The companies are facing pressure from investors to scale back expenses to protect profit margins, and some are also dealing with lower-than-expected revenue due to increased competition and a drop in online commerce. The layoffs are a result of companies having hired for a different economic reality than the one they are facing today and a need to optimize their digital spend. The decisions are also related to reorganizing business units and positioning the company cautiously and strategically in light of recession expectations.

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پارسال در تاریخ 1401/11/10 منتشر شده است.
437 بـار بازدید شده
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