{"id":8541,"date":"2023-01-06T14:38:00","date_gmt":"2023-01-06T13:38:00","guid":{"rendered":"http:\/\/costops.com\/index.php\/2023\/01\/06\/job-cuts-and-falling-shares-how-did-it-all-go-so-wrong-for-the-us-tech-sector\/"},"modified":"2023-01-06T14:38:00","modified_gmt":"2023-01-06T13:38:00","slug":"job-cuts-and-falling-shares-how-did-it-all-go-so-wrong-for-the-us-tech-sector","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2023\/01\/06\/job-cuts-and-falling-shares-how-did-it-all-go-so-wrong-for-the-us-tech-sector\/","title":{"rendered":"Job cuts and falling shares: how did it all go so wrong for the US tech sector?"},"content":{"rendered":"

As Amazon axes 18,000 roles and Tesla loses 65% of its value, we examine the causes of the glitch hitting Silicon Valley<\/p>\n

Amazon announced 18,000 job cuts<\/a>, Apple\u2019s share price fell below $2tn (\u00a31.7tn)<\/a> and there was more bad news from Tesla<\/a>: it has been another tough week for big US tech firms.<\/p>\n

But this has not been a one-off. The ongoing drama at Twitter since its takeover by Elon Musk in October<\/a> has taken place against a backdrop of global economic uncertainty, retrenchment from aggressive expansion plans and China\u2019s disruptive transition from Covid lockdowns<\/a> to rocketing case numbers<\/a> as restrictions ease.<\/p>\n

Continue reading…<\/a>
\nAs Amazon axes 18,000 roles and Tesla loses 65% of its value, we examine the causes of the glitch hitting Silicon Valley
\nAmazon announced 18,000 job cuts, Apple\u2019s share price fell below $2tn (\u00a31.7tn) and there was more bad news from Tesla: it has been another tough week for big US tech firms.
\nBut this has not been a one-off. The ongoing drama at Twitter since its takeover by Elon Musk in October has taken place against a backdrop of global economic uncertainty, retrenchment from aggressive expansion plans and China\u2019s disruptive transition from Covid lockdowns to rocketing case numbers as restrictions ease. Continue reading…Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"

As Amazon axes 18,000 roles and Tesla loses 65% of its value, we examine the causes of the glitch hitting Silicon Valley Amazon announced 18,000 job cuts, Apple\u2019s share price fell below $2tn (\u00a31.7tn) and there was more bad news from Tesla: it has been another tough week for big US tech firms. But this …<\/p>\n

Job cuts and falling shares: how did it all go so wrong for the US tech sector?<\/span> Read More »<\/a><\/p>\n","protected":false},"author":0,"featured_media":8542,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/8541"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=8541"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/8541\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/8542"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=8541"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=8541"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=8541"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}