Some of the U.S.’s biggest and best-known companies have recently announced sweeping layoffs, including Amazon and Meta. NBC’s Brian Cheung reports in this week’s Sunday Focus on if the tech industry’s cutbacks are an indication of what’s to come for the U.S. economy.
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#economy #tech #layoffs
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#economy #tech #layoffs
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Francisco Gimeno - BC Analyst The Pandemic made Tech companies to grow, as the word went to the digital world. Now, after it, the digital growth doesn't grow as it was growing before, so the industry is decreasing its costs by laying off thousands of workers. In US even with inflation and possible recession, the ob market continues to hold, however. It is only industries which are not adapting to the post Pandemic world the ones starting to get into problems. Of course, the job market in US can change to to the worse if. full recession happens, at so many think.