Several Big Tech companies have recently announced job cuts – and they pinned their decisions on a pandemic-induced hiring spree. But is that actually what’s driving the cuts? We sat down with the FT’s US financial commentator Robert Armstrong to get the full picture.
Clips from Reuters, MSNBC, Yahoo Finance
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For further reading:
Bye-bye massages and free food: Big Tech cuts back perks
The shock of mass lay-offs is only the beginning for companies
On Twitter, follow Robert Armstrong (@rbrtmstrng) and Michela Tindera (@mtindera07)
What’s behind the job cuts in Big Tech? Republished from Source https://www.ft.com/content/1e4d4166-1ba4-40b6-8e4d-29fc94e3d06f via https://www.ft.com/companies/technology?format=rss