Several Big Tech companies have recently announced job cuts - and they pinned their decisions on a pandemic-induced hiring spree. But is that actually what’s driving the cuts? We sat down with the FT’s US financial commentator Robert Armstrong to get the full picture.
Clips from Reuters, MSNBC, Yahoo Finance
- - - - - - - - - - - - - - - - - - - - - - - - - -
BTM listeners, we want to know what you think of the show and what you want to hear more of. Visit ft.com/btmsurvey to submit your feedback.
- - - - - - - - - - - - - - - - - - - - - - - - - -
For further reading:
Bye-bye massages and free food: Big Tech cuts back perks
The shock of mass lay-offs is only the beginning for companies
- - - - - - - - - - - - - - - - - - - - - - - - - -
On Twitter, follow Robert Armstrong (@rbrtmstrng) and Michela Tindera (@mtindera07)
Read a transcript of this episode on FT.com
Hosted on Acast. See acast.com/privacy for more information.
The podcast Behind the Money is embedded on this page from an open RSS feed. All files, descriptions, artwork and other metadata from the RSS-feed is the property of the podcast owner and not affiliated with or validated by Podplay.