Economic slow down

“Alphabet CEO Sundar Pichai told employees on Tuesday that the company plans to slow down hiring and consolidate investments through 2023.”

“Facebook parent Meta has cancelled a contract with custodial workers at its Silicon Valley headquarters, resulting in hundreds of job cuts later this month.”

“Microsoft cuts small percentage of employees as new fiscal year begins.”

“Peloton … said it’s suspending its in-house manufacturing operations and broadening its partnership with Taiwanese manufacturer Rexon Industrial.”