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The series of layoffs precedes the upcoming tech earnings next week, with Alphabet, Amazon, Apple, Meta, and Microsoft set to report quarterly results. Read more.
Plus: Visa partners with Plug and Play to support Canadian FinTech.
Despite the tech stocks doing well in the market, there have been several layoffs in January 2024. Here's why.
The S&P 500 hit an all-time high on Thursday (January 25) on the heels of an unexpectedly robust +3.3% annualized growth rate of real GDP for Q4.
An anonymous Slashdot reader shared this report from CNBC: The S&P 500 is trading at a record and the Nasdaq is at its highest in two years. Alphabet shares reached a new pinnacle on Thursday, as did Meta and Microsoft, which ran past $3 trillion in market cap. Don't tell that to the bosses. ...