Layoffs have slammed Big Tech, as some of the sector’s biggest names, from Amazon (AMZN) to Meta (META) to Stripe, have cut thousands of employees.
After at least a decade of expansion, tech companies have been rattled by inflation along with a slowdown in advertiser spending. The ad spending crunch has hit social media companies like Meta and Twitter hard, of course. Even Google parent Alphabet (GOOG, GOOGL) was slammed in its latest earnings cycle, as YouTube missed sales expectations by a…
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