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Top related persons:
Jeff Shulman - 2 Dow Jones - 1 Christine Cruzverga - 1 Eric Tolotti - 1 There's - 1 haven't - 1 they've - 1
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U.S Big Snowflake
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University of Washington's Foster School of Business - 2 Microsoft - 1 Dow - 1 Big Tech - 1 Nvidia - 1 Companies - 1

Search resuls for: "Jeff Shulman"


2 mentions found


☆ How working for Big Tech lost 'dream job' status
  + stars: | 2024-04-28 | by ( Anuz Thapa | ) www.cnbc.com   time to read: +2 min
Despite blockbuster earnings from giants such as Alphabet and Microsoft , layoffs continue to ripple through the tech industry. Layoffs.fyi, a platform monitoring job cuts in the tech sector, recorded more than 263,000 job losses in 2023 alone. Even though mass tech layoffs continue, the labor market still seems strong. Mass layoffs have eroded the shine of the tech industry, which is why workers are questioning whether getting a job in the tech industry should still be regarded as a "dream job." Watch the video to learn about tech workers' sentiments, considerations for aspiring Big Tech employees, and more.
Persons: Jeff Shulman, Dow Jones, Christine Cruzverga, Eric Tolotti Organizations: Microsoft, University of Washington's Foster School of Business, Dow, Big Tech Locations: U.S, Big, Snowflake
☆ Why widespread tech layoffs keep happening despite a strong U.S. economy
  + stars: | 2024-02-24 | by ( Jeff Morganteen Anuz Thapa | Jeff Morganteen | Anuz Thapa | ) www.cnbc.com   time to read: +2 min
The tech sector is having a big 2024. Hotter-than-expected inflation data may also keep the Fed from cutting rates as soon as the market expects, a sign that the economy remains strong enough to support tighter monetary policy for longer. It's a different story for tech workers, though. The number of tech sector layoffs in 2024 has been outpacing the number of terminations in 2023. So far, about 42,324 tech employees were let go in 2024, according to Layoffs.fyi, which tracks layoffs in the tech industry.
Persons: Jeff Shulman, There's, haven't, they've Organizations: Nvidia, University of Washington's Foster School of Business, Companies Locations: U.S
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