Bloomberg Technology
Tech Sector Layoffs Keep Mounting As Cuts in Other Sectors Fall
Tech sector job cuts and layoff announcements continue to mount in the US, even as overall private-sector layoff plans recede. Bloomberg’s Julia Fanzeres discusses what is driving the move in tech and how that’s translating to the wider economy. She joins Caroline Hyde on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on…
Bloomberg Technology
SK Hynix US Listing Demand Soars | Bloomberg Tech 7/09/2026
Bloomberg’s Ed Ludlow takes a look at SK Hynix’s oversubscribed US listing, priming the Korean memory maker for the biggest ever foreign first-time-share-sale in America. Plus, Micron boosts its spending on new American plants to $250 billion to meet surging memory demand; and Meta unveils its latest AI model, pricing it aggressively and talking up…
Bloomberg Technology
Wall Street’s First Take on SpaceX
The quiet period has ended for underwriters of SpaceX’s IPO, and analysts are starting to publish their views on Elon Musk-led company. William Blair’s Louie DiPalma launched coverage with a bullish rating, citing the company’s growing advantage as rival Blue Origin turns to outside investors. He joins Ed Ludlow on “Bloomberg Tech.” ——– Like this…
Bloomberg Technology
The Space Boom’s Biggest Bottleneck
Money is flooding into the space economy, from SpaceX’s record IPO to Blue Origin’s first outside fundraising effort. But while capital is abundant, rocket launches are not. Founders Fund Partner and Varda Space Chairman Delian Asparouhov explains why access to space could become the industry’s biggest bottleneck. He joins Ed Ludlow on “Bloomberg Tech.” ——–…
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@vrclckd-zz3pv
May 7, 2026 at 2:51 pm
They’re going to regret this in the long term. Amazon had to hire back a bunch of engineers because the Indian vibe coders they used to replace them weren’t able to handle Sev 2 incidents in a timely manner.
@kumaryashasvi5391
May 7, 2026 at 3:52 pm
Amazon doesn’t hire vibe coders from India; they have coding tests and interviews. Besides, the tech industry is laying off people in every country.
@vrclckd-zz3pv
May 7, 2026 at 4:11 pm
@kumaryashasvi5391 yes they do. I worked there until I was laid off in January. On the day that we left they added 19 people from Hyderabad to our slack channel.
I found out from one of our partners that they were heavily using Kiro to do everything and system upstime fell off a cliff.
Now my skip manager is reaching out to everyone who he let go trying to get them to return.