“Job cuts in Tech Sector ? What will happen to IT Stocks “
“Job cuts in Tech Sector? What will happen to IT Stocks” Due to economic slowdown and the fear of recession, the tech sector was already experiencing shocks, losses, and recruitment freezes. However, now multinational companies have started downsizing and handing out pink slips, meaning termination notices, to their workforce. Meta, led by Zuckerberg, has already decided to lay off 12,000 employees (15% of the total workforce), and Elon Musk’s Twitter laid off around 50% of… Read More »“Job cuts in Tech Sector ? What will happen to IT Stocks “