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BBCNEWS World Business Report June 4, 2024 05:33:00

Amazon is one of several in big tech who have announced huge cost cutting measures. meta, the parent company of facebook, instagram, and whatsapp is cutting 11,000 jobs — the biggest reduction in its history or roughly 13% of its workforce as it adjusts to slowing growth and falling advertising revenues. twitter, under its new owner elon musk, slashed almost half its global workforce estimated to be 7,500 staff as it looks to cut costs. a report calculates overall us—based tech companies hav...
Parent Company Advertising Revenues Cost Cutting Measures Big Tech Elon Musk Tech Companies

Detailed text transcripts for TV channel - FOXNEWS - 20110411:02:47:00

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