Articles by tag: layoffs
In this episode of Pro AV Today, host Ben Thomas is joined by Michelle Okeke, an accomplished marketing professional with extensive experience in high-profile tech companies and advertising agencies, shared an intimate and personal perspective on job layoffs, a scenario that she has endured throughout in her career. Okeke shares insights on the […]
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Businesses Fearing a Recession Should Use AI to Optimize Their Supply Chain
Thanks to high inflation, rising interest rates, and massive job cuts, fear of recession has become modus operandi for most businesses. Even with year-over-year inflation somewhat cooling and with the shuttering of Silicon Valley Bank, the Federal Reserve shows no signs of continuing its path of demand destruction with interest rate hikes. A bearish […]
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Spotify Will Cut About 6% of Jobs in Latest Tech Layoffs
(Bloomberg) — Spotify Technology SA is planning to cut about 6% of its employees, joining a slew of technology companies from Amazon.com Inc. to Meta Platforms Inc. in announcing job cuts to lower costs. The move was announced in a filing Monday morning, confirming reports from over the weekend that there would be job cuts. […]
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Google’s Pichai Tells Staff Cuts Avoided ‘Much Worse’ Issues
(Bloomberg) — Google’s chief executive officer told employees on Monday that job cuts were made in a bid to act decisively as the company’s growth slowed. In an internal meeting, Sundar Pichai, who is CEO of Google parent Alphabet Inc., said he had consulted with the company’s founders and board in making the decision for […]
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Technology Jobs: The 2023 Outlook
Ben: Hey everyone. Thanks so much for tuning in today. I am your host, Ben Thomas. Today we’re going to take a deep dive into what the technology job market looks like for 2023. If you were to ask somebody on the street what their opinion of the job market in technology for 2023 […]
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Big-Tech Layoffs: Recession or Mismanagement?
“The recession is coming; the recession is coming! ” – Paul Revere, 2022 As whispers of a pending recession become louder and louder, it stands to reason these major layoffs in big-tech are a preemptive measure to keep companies afloat. So far, we’ve seen companies like Twitter, Amazon, Meta and more laying off, in […]
Architecture & Design
Should Mortgage Lenders Be Laying Off Their Pros in This Housing Market?
The never-ending wave of rising interest rates, and therefore pricier debt and consumer demand destruction, is turning buyers away from new home sales. Mortgage lenders are now laying off their pros in droves, hoping to weather the quagmire of a weak market. Is this short-term hemorrhage the right move? Origin Bank Sr. Mortgage Loan […]