Tech Slowdown News Today

The global technology sector is facing a major slowdown as inflation bites, interest rates rise and a potential recession looms. How will the tech innovation and start-up industry pick itself up?

Over the past year, big tech names in the US, such as Google and Meta, have laid off tens of thousands of workers amid a global economic slowdown.

Mark Zuckerberg today announced 10,000 more roles are to be cut at the Facebook-parent company

Placement data from various colleges accessed by FPJ indicates that students from the 'circuit' branches such as Computer Science, IT and Electronics continue to be high in demand and command higher compensation.

Information-technology company says cuts stem from spinoff

PC slump takes a toll on profit margins while Azure remains resilient but not immune to tech slowdown

Hundreds of workers are having to search for employment following a week of swingeing job cuts at Twitter, Meta and Stripe. Industry figures say that despite the doom and gloom, the jobs market is still strong in Ireland – for now, at least

The firm is one of a slew of tech companies which have announced job cuts

Tech company is one of several to have announced job losses over recent days, with Meta and Twitter laying off hundreds of employees in Ireland

The downsized ambition reflects a pullback in marketing spending worldwide as companies and consumers tighten budgets and prepare to ride out a potential recession