Why are tech giants slashing staff numbers?
Major brands throughout the US have been trimming their workforces ahead of an economic downturn.
A growing list of American employers are reducing their headcount ahead of an anticipated recession. Layoffs have not peaked yet as hiring, inflation and major changes in many companies are impacting tech business.
Zyma Islam, a journalist at the Daily Star newspaper, Dante Disparte, Chief Strategy Officer and Head of Global Policy at the digital financial services firm Circle and Silicon Valley veteran – Michael Malone talks us through this complex problem.
We also discuss the importance of preserving Amazon forests. And we'll find out why Mariah Carey is being criticised for attempting to monetise Christmas.
(Picture: Students Working On Computer Assignment During Seminar Group. Credits: Getty Images)
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- Thu 17 Nov 2022 01:06GMT91Èȱ¬ World Service
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Business Matters
Global business and finance news and discussion from the 91Èȱ¬