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The Latest Breaking News on How to prepare for a potential layoff

5 takeaways from the massive layoffs hitting Big Tech right now

Some 200,000 tech jobs have been lost in what is seen as one of the sharpest downturns in the tech industry's history. Here is what you need to know about the mass layoffs in Silicon Valley.

IBM fires 3,900 employees after missing annual cash target

IBM fires 3,900 employees after missing annual cash target

Chief Financial Officer James Kavanaugh said IBM Corp was still committed to hiring for client-facing research and development.

Stocks slip before US economic updates and on earnings worries

Stocks slip before US economic updates and on earnings worries

New York (AFP) - European and US stock markets slid on Wednesday as investors reacted to underwhelming company earnings and braced for economic growth data in the United States.

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Extend H1B grace periods, Indian diaspora foundation urges US Prez Biden

An appeal to extend the H1B and L1/5 grace periods has also been extended to the members of the Congress and senate, and the United States Citizenship and Immigration Services (USCIS)

Microsoft Quarterly Results Saved by Cloud Computing

Microsoft on Tuesday said sales slowed and profits slumped in the last quarter of 2022 as a darkening economic outlook pushed it to lay off 10,000 workers. The Washington state-based tech giant -- owner of LinkedIn, Xbox and Windows -- said overall sales rose just two percent in the October-to-December…

Asharq Al-Awsat

Microsoft Second-Quarter Earnings Live Blog

Real Money's Eric Jhonsa covers Microsoft's latest earnings report and conference call with management.

Microsoft, Alphabet Cry Poor Right Before Making $32.8 Billion

It might seem like giant tech S&P 500 companies are in dire straits. But they're on the verge of making billions — in just one quarter.

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‘How should I deal with this situation?’ Wipro leaves 452 freshers clueless

‘How should I deal with this situation?’ Wipro leaves 452 freshers clueless

Wipro has also joined the list and sacked 452 freshers citing their poor performance.

Tech industry job cuts come rapidly and in big numbers

Tech industry job cuts come rapidly and in big numbers

Tech industry job cuts come rapidly and in big numbers

Tech layoffs: Jobless Indian IT professionals are trying hard to find new employment in US

Tech layoffs: Jobless Indian IT professionals are trying hard to find new employment in US

NEW DELHI: After a year that was marred with geopolitical uncertainties and related impacts like soaring inflation, tightening monetary policy and slowing economic growth, the year 2023 started with a series of layoffs at big companies like Google, Microsoft, Amazon and more.

The Times of India

Tech industry job cuts come rapidly and in big numbers

Tech industry job cuts come rapidly and in big numbers

In just the past month there have been about 50,000 job cuts across the technology sector

The Independent UK

Tech layoffs unwind recent head-count growth, torpedo long-shot projects

Tech layoffs unwind recent head-count growth, torpedo long-shot projects

Tens of thousands of cuts have made only a dent in jobs added amid the pandemic.

How Did Tech Become America’s Most Troubled Industry?

How Did Tech Become America’s Most Troubled Industry?

The U.S. economy’s most dynamic sector is suddenly hemorrhaging jobs.

Layoff season: US media witness massive job cuts

Layoff season: US media witness massive job cuts

According to CNN, Vox Media, publisher of news websites like Vox and The Verge has announced that it will lay off 7 per cent of its workforce.

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Microsoft kicks off tech earnings set to slump most since 2016

The tech-heavy Nasdaq 100 Stock Index enters this crucial stretch amid a darkening backdrop that short-circuited a strong start to the year

Investors Business Daily

After 'Ripping Off Band-Aid,' Microsoft Hopes Bleeding Has Stopped

Microsoft stock has been depressed ahead of the software giant’s fiscal second-quarter report, due out late Tuesday.

The Independent UK

Google announces mass layoffs amid tech slump. Read the CEO’s full memo on the cuts

More than 50,000 workers at big tech firms have lost their jobs in recent months

The Independent UK

Google announces ‘difficult news’ as it fires 12,000 staff

Staff cuts follow similarly vast reductions at Microsoft, Amazon and Meta

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The Independent UK

Tech industry job cuts come rapidly and in big numbers

In just the past month there have been about 50,000 job cuts across the technology sector

The Times of India

Explained: Why tech giants are laying off staff globally

NEW DELHI: The gloomy outlook for global economy in 2023 has pushed several tech firms and Wall Street titans to lay off staff across offices worldwide.

Google Slashes 12,000 Jobs In Latest Round Of Big Tech Layoffs

Google and Alphabet CEO Sundar Pichai has announced that the American tech giant is cutting approximately 12,000 jobs, which is around 6 per cent of its global workforce. Read on for details:

Google owner to slash 12,000 jobs in latest record round of layoffs in tech

Google is laying off 12,000 workers, or about 6% of its workforce, becoming the latest tech company to trim staff as the economic boom that the industry rode during the COVID-19 pandemic ebbs.

Chicago Sun-Times

Google axes 12,000 jobs, layoffs spread across tech sector

“We hired for a different economic reality than the one we face today,” CEO Sundar Pichai said Friday in an email to staff that was also posted on the company’s news blog.

Investors Business Daily

Alphabet To Cut 12,000 Jobs, About 6% Of Workforce, After A 2022 Hiring Spree

Google-parent Alphabet said Friday it will cut 12,000 jobs, or 6% of its workforce, adding to a growing wave of layoffs in the tech sector.

Irish Independent

Google cutting 12,000 jobs in 6pc slash to global workforce

Google parent Alphabet Inc. said it will cut about 12,000 jobs, more than 6pc of its global workforce, becoming the latest tech giant to retrench after years of abundant growth and hiring.

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