CNN CNN This Morning Weekend June 4, 2024 13:46:00
Start-ups have been trying to cut costs, and in the face of all of this uncertainty. but the meta news last week with 11,000 employees getting let go is really a sign that we're going -- this is not just a start-up problem, not just a couple companies that maybe overhired or overspent, this is kind of a systemic issue for the tech industry. soo -- so right now some of the bigger tech companies haven't done mass layoffs like m meta/facebook has, but i'm looking out for that now. a lot of them are freezing hiring, trying to cut costs, and i think going forward we could see even deeper cuts as th...
Source: archive.org