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Top related persons:
Sandra Sucher - 1 Harvard Business School who's - 1 Sucher - 1 they'd - 1 Salesforce - 1 Marc Benioff - 1 — - 1 Salesforce execs - 1
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Wall Silicon Trueup.io
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3 mentions found


☆ Meta and Salesforce are looking to re-hire some workers they just laid off. It's putting those people in an awkward spot.
  + stars: | 2023-09-24 | by ( Tim Paradis | ) www.businessinsider.com   time to read: +7 min
Companies like Meta, the parent of Facebook, and Salesforce are bringing back some of the workers they let go . In some cases where the layoffs were conducted reasonably well, a return might be something former workers would consider. Whether to return is a question some former Salesforce workers are likely asking. She said workers considering returning to a former employer might ask themselves questions such as: Why was I laid off? Now it's tech workers' turn.
Persons: Sandra Sucher, Harvard Business School who's, Sucher, they'd, Salesforce, Marc Benioff, —, Salesforce execs, What's, who'd, lockdowns, it's, ChatGPT Organizations: Big Tech, Service, Companies, Meta, Facebook, Harvard Business School, Bloomberg, Workers, LinkedIn Locations: Wall, Silicon
☆ The tech job recession is over
  + stars: | 2023-08-16 | by ( Alistair Barr | ) www.businessinsider.com   time to read: +2 min
Bernstein tech analysts have been tracking monthly job cuts across the industry. Tech analysts from Bernstein Research have been posting monthly updates on layoffs across the industry for about a year. Their final update, from Monday, showed 4,937 tech job cuts so far in August, based on data from Trueup.io. "The Tech Job Recession is Over," the Bernstein analysts declared in a recent email to clients. Monthly job cuts across the tech industry Bernstein Research, Trueup.ioThank OpenAI and the generative AI boom for limiting the carnage here.
Persons: Bernstein, OpenAI, they're, Ian Wilson Organizations: Tech, Bernstein Research, Nvidia, AWS Locations: Trueup.io
☆ The huge wave of tech layoffs is laying the groundwork for a 20% rally among stocks in the sector, Wedbush says
  + stars: | 2023-01-20 | by ( Carla Mozée | ) www.businessinsider.com   time to read: +3 min
Layoffs across tech are setting the stage for a 20% rally in the sector in 2023, Wedbush said Friday. Tech companies have been "spending money like 1980's Rock Stars," the firm said. Wedbush backed its call for tech stocks to rise up to 20% this year. The firm reiterated its call that tech stocks will rise 20% in 2023, adding that it considers the group "way oversold" at current levels. Tech layoffs are taking place after a "decade of hyper-growth," said Ives.
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