Big Tech has begun to announce layoffs. A look at how this could impact the rest of the economy, with former Ford CEO Mark Fields and RLJ Companies founder Robert Johnson. Sign up and learn more about the CNBC Investing Club with Jim Cramer
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Man you straight cut the man off.
Firing remote workers to rehire at lower rates as contractors to save all sorts of bottom line numbers.
MY FINANCIAL GOAL IS TO BE MAKING AT LEAST UP TO $1,000,000 EVERY YEAR BY INVESTING HEAVILY BOTH IN CRYPTO AND STOCK. I NEED GUIDIANCE. please comment below.
Starting early is the best way of getting ahead to build wealth, investing remains a priority. The stock market has plenty of opportunities to earn a decent payouts, with the right skills and proper understanding of how the market works.
Is this a good time to buy stocks/crypto in the Europe? I know everyone is saying stocks are at a discount and all, but just how long will It take for us to recover, obviously there are strategies to manoeuver in this present market but these strategies doesn't come common to the average folk, or am I better off putting my money elsewhere.
Not a good sign when Salesforce lays off employees. It tells me they are headed in the wrong direction.
Rich people are showing their true face without a mask by rewarding the upper management of big companies with great benefits, big bonuses and company stock + stocks options after giving the gift of layoffs for lower economic cast employees before the holidays!
Twitter is losing 4 million per day, but musk paid 44 billion dollar for the company?
So between the Feds raising rates, big tech laying off workers and rising inflation we got a recipe for disaster another big recession is here!
You can only say it so many times before you just give up. People don't want to know who is really behind poor wages, loss of jobs, and high prices.
The don't.
Coders and number crunchers are more important than useless equity, diversity, and inclusion meetings from the pro-nobility folk.
Before, every media site blasted Musk for his part in the mass layoff on Twitter….
But in reality, these tech companies are not immune to inflation.
why Alphabet(Google) not included?
remember this the next time a company goes we are a family.
Completely irresponsible corporate management .
Did they collect their bonuses before they decide to lay off so many employees?😡
Capitol greed at criminal level .
Write your political reps !
I am an Exxon shareholder and am embarrassed that my stock has done so well and management get bonus’s while price of fuel is so high .
They will hear from me on my next PROXY vote 😡😡.
Welcome to the real world Tec guys, lolololol who fires someone by saying your layedoff. SUCKBURG IS NOT A REAL EXECUTIVE,.
Caption msg and audio totally not at all match
The great depression is starting
MONEY IS A THEME THAT EVERYONE HAS FOR A BETTER AND LUXURIOUS LIFE. LIFE WAS HARD FOR ME UNTIL I STARTED TRADING AND NOW I AM EARNING $9500 PER WEEK.
That's good, move back to parents homes!
It's just a talent reshuffle, these big companies have over hired massively for years, it was expected to happen. Twitter probably could run with only 500 employees. Makes more sense for the company
Russia puched on usa market.
Fed's plan is working…Good news as inflation comes down.
"If there is one common theme to the vast range of the world’s financial crises. It is that excessive debt accumulation, whether by the government, banks, corporations, or consumers, often poses greater systemic risks than it seems during a boom." — Carmen Reinhart
Layoff era
Thanks Joe Biden
If I invented an algorithm that compresses data thousands times, when would you recommend I let it come into the play? And how?
Maybe AI Job Terminators are coming. Ten days ago, as part of mass Twitter layoffs, the company’s entire ethical artificial intelligence (AI) team, which worked to make Twitter’s algorithms more transparent and fair, was let go. Work as hard as a robot or get out of the seat.
😡😡👎👎MILLIONAIRE AND BILLIONARE CEOS ANNOUNCING LAYOFFS JUST IN TIME FOR THE HOLIDAYS..GREAT WORK SCROOGE 😡😡👎👎
boycott all companies for the holidays if they cut staffing.
Everyone in these comments haven't got a clue to what's going on.
These Big Tech companies are laying off employees so they can hire ALL of the Millions Illegals that recently INVADED AMERICA. Most big and small businesses are firing employees and hiring ILLEGAL IMMIGRANTS and politicians are paid to turn their heads the other way. Meanwhile Americans suffer.
People talking about investing money into stocks or crypto. If you have no job, good luck making investments when it's going to take All of your unemployment just to pay your mortgage/rent.
Wake up America and realize what's happening to our country. We are becoming a permanent under class just so the elites & the politicians can get their money. Why do you think Chuck Schumer was on television running his mouth saying we need illegals? Trust and believe that he got paid by the elites to say that.
Who seen this coming. Oh I did. Raise taxes on big corporations and the employees pay by losing their jobs. Government continues to get same amount (or less) from the corporations because they lose the taxes from the layed off employees.
Learn your finances, manage them, and teach our future generations what schools never have and will never do… free enterprise is what our country was built on the freedom to enterprise with little to no government interference. Man people get caught up in the rat race… build your own dream instead of working for 40 years building someone else’s
There's job everywhere.
And so it starts.
Well things were great two years ago. Hey Biden give out more freebies.
You people are way off people are still doing the old 1900 scheme people going on strike for better wages healthcare and living conditions so to laying anyone off dose not make any since the pandemic showed you how to do it don't buy anything you can brake these companies Rail roads should strike as well as truck drivers don't move any of these companies products around shut America down. wages healthcare safe working and living conditions are basic human rights you were doing this in the 1900s why are you doing are even talking about in 2022?
Looks like "Christmas Creep" has come to the Tech Sector as one tech company after another are announcing massive layoffs, resulting in the "most wonderful time of the year" becoming the "most worrisome time of the year".
Too bad Canadian and American provincial/state jurisdictions don't make "Christmas Creep" illegal.
When this Administration gets done people are going to miss Donald trump. At least Donald Trump gave you extra money with your unemployment, instead of giving it to non-citizens that crossed the border and to other countries.
The government paid large corporations $26,000 per employee. That's why when this administration shut down small independent businesses large corporations fought to hire more people. My company added 30 temps which equaled 780,000 in government employee retention credits. Now why would this administration want to put so many people into one building during a pandemic? Oh and last year ERC expired, those 30 temps were let go and now we are on a hiring freeze. The only reason jobs numbers were good, is because we the American people were paying companies to hire and pay tenps!!! Look it up….