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Tech Layoffs Surpass 250,000 in 2023

In total, more than 250,000 workers at tech companies of all sizes were let go this year, according to job tracker Layoffs.fyi. Layoffs.fyi creator Roger Lee joins Ed Ludlow and Caroline Hyde for a deep dive on the numbers on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube: Watch the latest…

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In total, more than 250,000 workers at tech companies of all sizes were let go this year, according to job tracker Layoffs.fyi. Layoffs.fyi creator Roger Lee joins Ed Ludlow and Caroline Hyde for a deep dive on the numbers on “Bloomberg Technology.”
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2 Comments

2 Comments

  1. @jazilzaim

    December 14, 2023 at 5:37 pm

    One side of this is that the VCs aren’t getting their high IRR either. Much better to shut a business down and return cash to investors rather than keep a business running profitably and sustainably. So this is also another factor of layoffs and companies shutting down. More founders recently are now choosing to bootstrap and avoid VC money which could see a resurgence with some companies becoming more sustainable in the near future.

  2. @BUY.YT.VIEWS.

    December 14, 2023 at 6:01 pm

    when are you gonna post again?

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Bloomberg Technology

Tech Leaders Approach Trump, Intel Seeks Altera Buyers | Bloomberg Technology

Bloomberg’s Caroline Hyde breaks down how President-elect Donald Trump and Elon Musk wield their political power as the government works to avoid shutting down. Plus, the Big Tech leader merry-go-round at Mar-a-Lago continues with Jeff Bezos the latest to try and influence Trump’s policies and decisions. And, private equity firms are competing for Intel’s programmable…

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Bloomberg’s Caroline Hyde breaks down how President-elect Donald Trump and Elon Musk wield their political power as the government works to avoid shutting down. Plus, the Big Tech leader merry-go-round at Mar-a-Lago continues with Jeff Bezos the latest to try and influence Trump’s policies and decisions. And, private equity firms are competing for Intel’s programmable chip arm Altera.
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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The Rise of Agentic AI

Creatio CEO and Founder Katherine Kostereva joins Caroline Hyde to discuss the rise of AI agents taking front-line interactions from customer service to sales, and to give her outlook for the space in 2025. She speaks on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes…

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Creatio CEO and Founder Katherine Kostereva joins Caroline Hyde to discuss the rise of AI agents taking front-line interactions from customer service to sales, and to give her outlook for the space in 2025. She speaks on “Bloomberg Technology.”
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Bitcoin Slumps: Trump Euphoria Gives Way to Fed Wariness

Bitwise Asset Management CIO Matt Hougan tells Caroline Hyde why he believes the latest weakness in crypto and Bitcoin over the last few days is a “healthy pullback” which does not take away from the asset class’s overall great run this year. He speaks on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on…

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Bitwise Asset Management CIO Matt Hougan tells Caroline Hyde why he believes the latest weakness in crypto and Bitcoin over the last few days is a “healthy pullback” which does not take away from the asset class’s overall great run this year. He speaks on “Bloomberg Technology.”
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Like this video? Subscribe to Bloomberg Technology on YouTube:

 
Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:

 
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