Tag Archives: real

Big Tech layoffs might have ‘real cultural fallout,’ leadership expert says

Big Tech layoffs might have ‘real cultural fallout,’ leadership expert says

There’s nothing more detrimental to the productivity of a workplace than watching trusted colleagues get escorted out of the building amid a mass reduction in force. And with that vibe currently playing out in Big Tech, experts warn job cuts could damage the very fabric of these once-untouchable highly creative institutions. “I think these companies got carried away with overhiring, and they were not careful, and they just hired willy-nilly, and now they’re facing huge layoffs,” Bill George,… Source link

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The Real Reasons For Big Tech Layoffs At Google, Microsoft, Meta, And Amazon

The Real Reasons For Big Tech Layoffs At Google, Microsoft, Meta, And Amazon

Between them, some of the world’s biggest tech companies have collectively laid off more than 150,000 workers in recent months. The businesses involved have put forward a variety of reasons for why this was necessary, which mostly come down to a need to reduce costs as economic growth slows down around the world. The Real Reasons For Big Tech Layoffs At Google, Microsoft, Meta, and Amazon Adobe Stock In truth, it isn’t likely to be because the companies involved need money. Microsoft,… Source link

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Jason Oppenheim warns of an ‘armageddon’ in the real estate industry

Jason Oppenheim warns of an ‘armageddon’ in the real estate industry

The real estate industry could soon be upended, says star broker Jason Oppenheim. Oppenheim – who leads a team of glamorous agents on Netflix (NFLX) reality series “Selling Sunset” – recently sat down with Yahoo Finance to talk about the current state of the U.S. real estate market. During the far-ranging conversation, he warned that the industry’s commission structure could soon change forever. “To be specific about real estate agents, we’ve got federal regulators and a couple of lawsuits… Source link

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‘A real estate bottom?’ More homebuyers jump back in as the year kicks off

‘A real estate bottom?’ More homebuyers jump back in as the year kicks off

Real estate agents confirm what housing data is starting to show: More homebuyers are emerging from their self-imposed hibernation. The volume of mortgage applications for home purchases rose 25% week over week, the Mortgage Bankers Association (MBA) survey for the week ending Jan. 13 found. Housing sentiment ticked higher at the end of last year, per Fannie Mae. And home builders are reporting an increase in buyer traffic in January, the first uptick since December 2021, according to an… Source link

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US real estate market in ‘big trouble,’ expert warns

US real estate market in ‘big trouble,’ expert warns

As the Federal Reserve continues its hawkish market reset – which has contributed to a rise in interest and mortgage rates – real estate experts are sounding the alarm that “big trouble” lies ahead for the U.S. market. “When you have a rise and increase in interest rates like we’ve had, that is a big problem for housing. Interest rates are like the mother’s milk of housing,” Pulte Capital CEO Bill Pulte told FOX Business’ Maria Bartiromo Thursday. “And if you cut it off, you’re in big… Source link

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