Tech groups cut jobs and pause hiring amid ‘leaner times’ Stripe and Lyft are the new tech giants that have started staff lay off on Thursday, while Amazon has paused new hires in its corporate workforce. The strategy is to cope with the rising costs and and interest rates. The job loses are an indicator of how economic conditions are forcing tech companies to rethink its strategies to meet the slowdown in consumer spending.
U.S Tech companies are laying off their employees
U.S Tech companies are laying off their…
U.S Tech companies are laying off their employees
Tech groups cut jobs and pause hiring amid ‘leaner times’ Stripe and Lyft are the new tech giants that have started staff lay off on Thursday, while Amazon has paused new hires in its corporate workforce. The strategy is to cope with the rising costs and and interest rates. The job loses are an indicator of how economic conditions are forcing tech companies to rethink its strategies to meet the slowdown in consumer spending.