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-0.000336417157275074 -0.000210260723296936 -0.00126156433978138 -0.000509882253994968 -0.00126156433978138 -0.000210260723296936 -0.000591358284272498 0.000462573591253092
Stock impact report

Tech Giants Such as Facebook and Google Continue Hiring as Startups Conduct Layoffs [TheStreet.com]

Amazon.com, Inc. (AMZN) 
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
Company Research Source: TheStreet.com
As many high-profile tech startups carry out layoffs, several cash-rich tech giants are for now still comfortable with growing their headcounts.Amazon.com(AMZNGet Reportplanned to hirehas already filled 80,000However, Amazon is by no means alone. On Thursday, FacebookFBhire another 10,000 peopleIn addition, a look at the LinkedIn pages of other tech giants suggest that they, too, are still willing to hire -- even if job interviews have to bedone via video callsMicrosoft’sMSFTLinkedIn jobs pageGoogle’sGOOGLhas been a priorityApple’sAAPLBut as tech giants keep hiring, many money-losing startups have -- at a time when both their revenue growth and ability to raise future funding have been put into question -- been paring headcount in an attempt to extend their cash runways.Some of the VC-funded firms carrying out layoffs, such as scooter-sharing startups Bird and Lime, operate in markets that have undoubtedly seen revenue crater amid COVID-19 lockdowns. But startups operating in fields s Show less Read more
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