The technology sector in the United States continued to lay off more workers in May, with job cuts nearly tripling from April, according to latest data. In May, the tech sector laid off 19,072 employees, which is an almost 200 percent jump from the 6,469 layoffs announced in April, technology magazine IEEE Spectrum reported, based…
American Tech Sector Continues to Bleed as Layoffs Jump 200 Percent in May
June 23, 2023
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AmazonBusiness & MarketsCompanieseconomyFacebooklayoff workersMarketsmetaTechTech Newstech sectorUSUS News
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LIVE NOW: NTD Business (Feb. 16): EPA Deems Ohio Town Safe After Chemical Spill; CBO: US Could Default on Debt This Summer
The Environmental Protection Agency (EPA) tells residents in an Ohio town they are safe after a train spilled hazardous chemicals there earlier this month. But many are still scared and concerned. Tesla is recalling all of its “full self-driving” vehicles. What’s the potential problem, and what’s Tesla doing about it? U.S. household debt jumps to a…
NTD Business (Feb. 16): EPA Deems Ohio Town Safe After Chemical Spill; CBO: US Could Default on Debt This Summer
The Environmental Protection Agency (EPA) tells residents in an Ohio town they are safe after a train spilled hazardous chemicals there earlier this month. But many are still scared and concerned. Tesla is recalling all of its “full self-driving” vehicles. What’s the potential problem, and what’s Tesla doing about it? U.S. household debt jumps to a…
Job Cuts Soar 127 Percent In November Amid Wave of Tech Layoffs
December 1, 2022
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Business & MarketsCompanieseconomic policieseconomyinflationjob cutspersonal financerecessiontech sectorUS
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The rate of job cuts in the United States soared 127 percent in November, amid a wave of layoffs in the tech industry. The American employers announced 76,835 cuts last month, a 127 percent increase from the 33,843 cuts in October, according to a report by Challenger, Gray & Christmas. Last month saw a 417…
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