Wedbush Securities managing director Dan Ives warns that many Big Tech companies still need to 'rip the Band-Aid off' in terms of layoffs. #FOXBusiness
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Francisco Gimeno - BC Analyst Dark clouds for Tech companies (with more layoffs in the horizon...) so they survive the new financial and economical situation and possible storm coming, something which could be worse in some countries more than in others. The person talking here is more of the idea of everything digital and tech, and social media companies are going more for change, correction and going to a bunker until the bad weather (more in macro) finish. The decisions founders and directors are taking and going to take in this period will be crucial for their survival.