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Tech job market woes deepen with Meta layoffs and Microsoft buyouts [Yahoo! Finance]

Amazon.com, Inc. (AMZN)  More Company Research Source: Yahoo! Finance
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
The layoffs, announced on Thursday and confirmed by the company, will impact some 8,000 workers next month. The tech behemoth will also eliminate 6,000 open positions. Sign up for the Mind Your Money weekly newsletter By subscribing, you are agreeing to Yahoo's Terms and Privacy Policy Subscribe “We're doing this as part of our continued effort to run the company more efficiently and to allow us to offset the other investments we're making,” Janelle Gale, Meta's chief people officer, said in a memo viewed by Bloomberg News. “This is not an easy tradeoff and it will mean letting go of people who have made meaningful contributions to Meta during their time here.” Meta, which already laid off several hundred employees in March, joins the trend of tech companies trimming headcount following both a rash of post-pandemic hiring and a surge in AI-related spending. Just before news of Meta's most recent round of job cuts broke, CNBC reported that Microsoft ( MSFT ) would offer volu [Read more]
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Stockreport

Tech job market woes deepen with Meta layoffs and Microsoft buyouts [Yahoo! Finance]

Amazon.com, Inc.  (AMZN) 
More Company Research Source: Yahoo! Finance
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
The layoffs, announced on Thursday and confirmed by the company, will impact some 8,000 workers next month. The tech behemoth will also eliminate 6,000 open positions. Sign up for the Mind Your Money weekly newsletter By subscribing, you are agreeing to Yahoo's Terms and Privacy Policy Subscribe “We're doing this as part of our continued effort to run the company more efficiently and to allow us to offset the other investments we're making,” Janelle Gale, Meta's chief people officer, said in a memo viewed by Bloomberg News. “This is not an easy tradeoff and it will mean letting go of people who have made meaningful contributions to Meta during their time here.” Meta, which already laid off several hundred employees in March, joins the trend of tech companies trimming headcount following both a rash of post-pandemic hiring and a surge in AI-related spending. Just before news of Meta's most recent round of job cuts broke, CNBC reported that Microsoft ( MSFT ) would offer volu [Read more]
IMPACT SNAPSHOT
EVENT TIME:
AMZN
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS