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'More On The Way': Tech Firms Cut Thousands Of Jobs As Labor Market Braces For Economic Downturn

Por: Forbes Business November 03, 2022

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Topline Despite strong jobs data earlier in the week, employers in October announced the most job cuts in a single month since February 2021 as a growing number of executives anticipate an economic downturn, and heading into the fourth quarter, economists fear more cuts are likely on the way. The dismal report comes the same day fintech Stripe announced plans to lay off close to 1,000 ... [+] employees—and days before Twitter reportedly plans... + full article



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