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'It wasn't sustainable or real': Tech layoffs approaching Great Recession levels

‘It wasn’t sustainable or real’: Tech layoffs approaching Great Recession levels

Leave a Comment / Economy / By

The number of layoffs in the tech sector this year is approaching the annual levels seen during the Great Recession, but is far from dot-com-bust territory. As tech companies grapple with falling stock prices, inflation, rising interest rates and a possible recession, they have announced more than 60,000 job cuts this year, with indications such …

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Tesla investors were the biggest losers in Elon Musk's Twitter deal, and those losses continue

Tesla investors were the biggest losers in Elon Musk’s Twitter deal, and those losses continue

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Twitter users have complained a lot about Elon Musk’s early moves after taking over the social network, but their complaints seem small compared to what Tesla Inc. investors had to endure. As the United States focused on election returns on Tuesday night, Tesla TSLA, -7.17% Chief Executive Musk tried to push through the disclosure of …

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