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Tech's Job Cuts Give Little Hope for Return to Rapid Growth

Tech's Job Cuts Give Little Hope for Return to Rapid Growth
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Tech's Job Cuts Give Little Hope for Return to Rapid Growth

(Bloomberg) The new year has kicked off for the tech industry with several companies announcing significant job cuts. It’s reminiscent of how 2023 began, which preceded the sharpest industry retraction in more than a decade. Most Read from BloombergBonds Slide as Fed’s Waller Downplays Need to Rush: Markets WrapIowa Latest: Haley Unveils New Ad, Looking to New HampshireMusk Pressures Tesla’s Board for Another Massive Stock AwardTrump Scores Easy Win in Iowa With DeSantis a Distant SecondApple ....

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Twilio's Jeff Lawson Steps Down From CEO Role and Board

(Bloomberg) Twilio Inc. Chief Executive Officer Jeff Lawson is stepping down from leading the software company he co-founded amid slowing sales growth and pressure from activist investors.Most Read from BloombergGoogle Lays Off Hundreds in Hardware, Assistant, EngineeringSEC Authorizes Bitcoin-Spot ETFs in Crypto’s BreakthroughThese Are the World’s Most Powerful Passports in 2024Hertz to Sell 20,000 EVs in Shift Back to Gas-Powered CarsUK’s Sunak Authorizes Joint Military Strikes With US Agai ....

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