How Big Tech Layoffs Stack Up With the Rest of Their Work Forces
Some of the biggest tech companies have announced tens of thousands of job cuts. But even after the layoffs, their work forces are still behemoths.
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Tech Layoffs Shock Young Workers. The Older People? Not So Much.
The industry’s recent job cuts have been an awakening for a generation of workers who have never experienced a cyclical crash.
Posted inAdvertising and Marketing Bankoff, James Philip Group Nine Media Labor and Jobs Layoffs and Job Reductions United States Economy Verge, The (Vox Media LLC)
Vox Media to Cut 7 Percent of Workers
The company, which publishes New York magazine, The Verge and numerous other brands, joins a parade of tech and media companies cutting back staff amid economic uncertainty.
Google Parent Alphabet to Cut 12,000 Jobs
The layoffs amount to about 6 percent of the global work force at the company, the latest tech giant to make cuts after a pandemic hiring spree.