What’s behind the job cuts in Big Tech?
We’ll send you a myFT Daily Digest email rounding up the latest Behind the Money news every morning.
Several Big Tech companies have recently announced job cuts - and they pinned their decisions on a pandemic-induced hiring spree. But is that actually what’s driving the cuts? We sat down with the FT’s US financial commentator Robert Armstrong to get the full picture.
Clips from Reuters, MSNBC, Yahoo Finance
BTM listeners, we want to know what you think of the show and what you want to hear more of. Visit ft.com/btmsurvey to submit your feedback.
For further reading:
Bye-bye massages and free food: Big Tech cuts back perks
The shock of mass lay-offs is only the beginning for companies
On Twitter, follow Robert Armstrong (@rbrtmstrng) and Michela Tindera (@mtindera07)
Read a transcript of this episode on FT.com