Tech Sector Hit News Today : Breaking News, Live Updates & Top Stories | Vimarsana

west and winter storms out east. and now, rite aid and how the drugstore is being accused of fueling the opioid epidemic. this is what we are watchingt that hour. thank you for being here, i'm kate bolduan, and we are beginning with the turmoil, the fallout, and the wild ride that has already been this week since the abrupt collapse of silicon valley bank. and the federal reserve is looking at the oversight of the bank and what went wrong and who missed what. the regional banks are bounce back after confidence of the institutions were shaken yesterday. this is how the stocks are ...

Closing 5,000 job openings they had, and this is happening for a few reasons, and one, the fed's interest rate hikes has slammed the valuation of tech companies, and they are under a lot of pressure to boost the profitability and cut the expenses, and also remember that the tech industry went on a hiring binge during covid and they added so many jobs, that they also incorrectly in hindsight anticipate nad demand in covid would continue, and that has not happened. so they are forced to correct, and unfortunately, that means they are fosted to layoff workers. >> and the tech sector hit again in ...