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Facebook is set to lay off around 12,000 employees. Peloton has already fired 4000. Microsoft removed a relatively modest 1000. Snapchat fired around 1200 - 20% of its total staff. Shopify is reducing by 10%, around 1000 workers.
Amazon is planning to hire 1500 new employees.... To work in its warehouses over Christmas.
About the only bright point is Australia's largest tech company, Atlassian, which is looking to hire 1000 people. That's one for every 50 tech workers laid off in the US.
Thunderdome time.
Tech News
Speaking of Amazon, the company just added 98 million songs to the free music library bundled with your Prime subscription which has to be losing them money in my case now that I've moved to New House City and every single package has to travel hundreds of miles and everyone is angry. (Inc)
Because they also reduced the free music service to shuffle play only. Which the announcement said very clearly, but still is a change and also breaks Alexa.
In theory PCIe 5 SSDs can reach around 14GB per second, but existing flash memory chips have held them back to just 12GBps, or on some cases a molasses-like 10GBps.
Which used to be a lot. Like, three months ago.
Disclaimer: Well, that just sounds like slavery with extra steps.