Why have tech firms fired 200,000 people? | DW Business

DW News published this video item, entitled “Why have tech firms fired 200,000 people? | DW Business” – below is their description.

The biggest names in tech are planning major layoffs as they shift their strategies to react to new realities. Since the start of 2023 alone, thousands of workers at Microsoft, Google and Amazon have been told they’re losing their jobs. Over 200,000 tech job losses have been announced since the start of 2022.

What’s behind the mass layoffs? Could they have been avoided? How are big tech firms changing their approaches in the wake of the pandemic? And who will win the race for AI domination? We answer all these questions and more with the help of Wall Street tech analyst Dan Ives in this DW Business Special.

DW News YouTube Channel

Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.


About This Source - DW News

DW News is a global English-language news and information channel from German public international broadcaster Deutsche Welle, established in summer 2015.

Recent from DW News:

Congo president sworn in for second term | dw news 1

Congo president sworn in for second term | DW News

Iran Revolutionary Guards reportedly killed in airstrike in Damascus | DW News

US mulls seizing $300 billion in frozen Russian assets for Ukraine | DW News

In This Story: Microsoft

Microsoft Corporation (NASDAQ: MSFT) is an American multinational technology company with headquarters in Redmond, Washington. It develops, manufactures, licenses, supports, and sells computer software, consumer electronics, personal computers, and related services.

4 Recent Items: Microsoft

Analyst expects ‘more materiality’ on Microsoft’s AI growth

Where to Eat and Drink at the World Economic Forum in Davos

Kerry Praises Biden, Says He’ll Help 2024 Re-Election Campaign

Microsoft CEO Nadella on AI Wave and Tech in 2024

Leave a Comment

We don't require your email address, or your name, for anyone to leave a comment. If you do add an email address, you may be notified if there are replies to your comment - we won't use it for any other purpose. Please make respectful comments, which add value, and avoid personal attacks on others. Links are not allowed in comments - 99% of spam comments, attempt to post links. Please describe where people may find additional information - for example "visit the UN website" or "search Google for..." rather than posting a link. Comments failing to adhere to these guidelines will not be published.