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Durham ranks No. 6, Raleigh No. 7 among top US metros in new tech innovation report

Durham-Chapel Hill ranks sixth and Raleigh-Cary is No. 7 among the nation's top 110 metropolitan areas for technology innovation, says a new report from the North Carolina Technology Association. Here are the details. ....

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Tech layoffs are highest since the dot-com era

Tech cut more jobs than any other industry last month, according to recruiting firm Challenger, Gray & Christmas. ....

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CNN CNN Newsroom June 4, 2024 20:24:00

We ll see what happens here. matt, what s happening in the rest of the tech strir? we ve seen this wave of pink slips. roku announcing 200 job cuts. they specifically said current economic conditions, that s on top of lyft cutting 13% of its work force. facebook owners, and amazon cutting 10,000 jobs. so far in november alone, tech companies have announced more than 31,000 job cuts. for context, that is more than double the total announced all year prior to november. it is alarming. it s creating a lot of anxiety, but it may not be a reason really to get overly concerned about the broader economy. goldman sachs put out a report saying this may not be impending recession. tech is not a major employer. they say in the inconceivable event that all the tech jobs went away, the unemployment rate would only go up by .3 percentage points. tech job openings are still ....

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