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-0.0012577283165518 0.000353294470941585 0.000529941706412315 0.00476947535771071 0.00529941706412302 0.00459282812223998 0.00865571453806751 0.0123653064829536
Stock impact report

How Will Widespread Tech Layoffs Impact Next Year’s Job Market? [Forbes]

HP Inc. (HPQ) 
Last hp inc. earnings: 2/24 04:05 pm Check Earnings Report
US:NYSE Investor Relations: h30261.www3.hp.com
Company Research Source: Forbes
Widespread layoffs in the tech industry have shifted us back into the unprecedented times we thought... [+]were only reserved for pandemics.gettyJust when it seemed as though the economy could not get any worse, the most wonderful time of the year turned into the 12 days of tech layoffs.Leading the movement like Rudolf through the night is none other than Elon Musk, who has rattlednews headlinescorporate tech giantsThe caliber of these layoffs will vary widely by company — Meta announced it will let 11,000 employees go, a figure roughly comprising 13% of its total staff, while Cisco says it will drop 4,100 workers (5% of staff). These pink slips may pale in comparison to the drastic measures Musk has taken to restructure Twitter’s staff and company culture, but they lead to the same outcome: thousands of highly educated and well-paid employees will soon be out of a job, looking for work in an industry that doesn’t seem to be hiring anytime soon. To risk reincarnating a phrase kindled Show less Read more
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