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Transcripts for BBCNEWS The Context with Christian Fraser 20240604 21:47:00

get excited by ces the whole thing this year. do you get excited by ces every - the whole thing this year. do you get excited by ces every year? i | get excited by ces every year? i think a tattoo one is exciting but it is happening in vegas i m sparse she shared it is happening in vegas i m sparse she shared that. it it is happening in vegas i m sparse she shared that. she shared that. it should surely sta in she shared that. it should surely stay in vegas- she shared that. it should surely stay in vegas. it she shared that. it should surely stay in vegas. it is she shared that. it should surely stay in vegas. it isjust - she shared that. it should surely stay in vegas. it isjust a - she shared that. it should surely stay in vegas. it isjust a bit i she shared that. it should surely stay in vegas. it isjust a bit of i she shared that. it should surely stay in vegas. it isjust a bit of a j stay in vegas. it is ust a bit of a different angle i stay in vegas. it is ust a bit

Transcripts for CNN CNN Newsroom 20240604 15:33:00

says it will now layoff 11,000 employees. that s the most significant job cuts we ve seen in the tech giant s history. mark zuckerberg announced it in a blog post. it comes after twitter drastically reduced its workforce by half. how can these troubles in the tech arena signal other concerns? it s facebook. it s twitter. but we also have amazon, lyft, apple, i should say parts of this going back to, i was a young reporter in san francisco during the dot com boom then the bust then we remember the ripple effect. is there more to come in the tech sector? i think it s going to have that same kind of effect for the main reason that the tech sector was lifting up the s&p 500, lifting up the markets. so when you start to see these mass layoffs and cost cutting measures, it should be sending a big signal about where we are in the economy and meta is the

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