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« Overnight Open Thread [11/06/2022] |
Main
| The Morning Report — 11/7/22 »
November 07, 2022
Daily Tech News 7 November 2022
Top Story
- Massive tech industry layoffs and the whiny illiterates who report on them. (Mashable)
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
Disclaimer: Well, that just sounds like slavery with extra steps.

posted by Pixy Misa at 04:00 AM
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