sacked join a much larger group of tech workers across the industry who ve lost their jobs since the end of the pandemic. earlier, i spoke to a tech sector expert, who told me snap s quarterly results are quite dire. iii snap s quarterly results are quite dire- quite dire. if you looked up disaster quite dire. if you looked up disaster in quite dire. if you looked up disaster in the quite dire. if you looked up| disaster in the dictionary, you d see snap s earnings. they continue to be in trouble. they re on the outside looking in another black eye quarter for snap, especially the advertising team.- for snap, especially the advertising team. the surge in tech lay-offs advertising team. the surge in tech lay-offs in advertising team. the surge in tech lay-offs in 2024 - advertising team. the surge in tech lay-offs in 2024 would i tech lay offs in 2024 would suggest there s trouble in the industry, perhaps, but that may not necessarily be the case if we loo
begin with developing news from the middle east. the syrian army says israel has struck a number of targets in homs province north of lebanon. state media said they shot down several missile the syrian observatory for human rights put the number of dead at four. since the war in gaza broke out in october, israel has escalated attacks on what it says are iranian backed mischa targets. we ll have more as it develops. hamas says it has given approval for a ceasefire hamas says it has given approvalfor a ceasefire in approval for a ceasefire in gaza. approvalfor a ceasefire in gaza. details have not been released but there are reports that there are be a truce in exchange for return of israeli prisoners. here s a little of antony blinken s statement. we had meetings already on this trip in riyadh. in cairo, and now today in doha, focused on ensuring that we can use any pause. to continue to build out plans for the day after in gaza, security humanitarian, all bringing challenges
a much larger group of tech workers across the industry who ve lost their jobs since the end of the pandemic. earlier, i spoke to a tech sector expert, who told me snap s quarterly results are quite dire. if you looked up disaster in the dictionary, you d see snap s earnings. they continue to be in trouble. they re on the outside looking in another black eye quarter for snap, especially the advertising team. the surge in tech lay offs in 2024 would suggest there s trouble in the industry, perhaps, but that may not necessarily be the case if we look at other key measures? i think it s a tale of two cities. the strong are getting stronger the ai revolution s here. you re seeing more spending in areas like that. but then you see non strategic areas get cut across. most of the job cuts are in the rear review mirror, i think, but it shows we re in a fork in the road period in tech where the strong are getting stronger. how does ai play into that fork in the road? ai is the b
the 528 employees who were sacked join a much larger group of tech workers across the industry who ve lost their jobs since the end of the pandemic. earlier, i spoke to tech sector expert, dan ives, who told me snap s quarterly results look rather bleak. if you looked up disaster in the dictionary, you d see snap s earnings. and this just continues to be the trouble. they re on the outside looking in another black eye quarter for snap, especially this the advertising team. the surge in tech lay offs in 2024 would suggest that there s trouble in the industry, perhaps, but that may not necessarily be the case if we look at other key measures? i think it s a tale of two cities. the strong are getting stronger. the ai revolution s here. you re seeing more spending in areas like that. but then you see non strategic areas get cut across path. i think most of these job cuts are in the rear review mirror, but itjust shows we re going into a fork in the road period for tech wher
now, for the business news, i m victoria valentine. we start in the us where there is more evidence that, after tens of thousands ofjob cuts, big tech is pulling out of its post pandemic slump. amazon is the latest to reveal it s making much more money than wall street was expecting. sales hit more than $127 billion in the first three months of the year, and the online retail giant says that figure will be higher in the current quarter. it comes after alphabet, the owner of google and youtube, and meta, which owns facebook and instagram, both surprised investors with better than expected results. samira hussain reports from new york. this over the last year and is on has been aggressively cutting costs to help with profitability. it has already laid off 18,000 people and is currently about to eliminate another 9000 jobs. currently about to eliminate another 9000jobs. it currently about to eliminate another 9000 jobs. it would appear that some of those measures are already pay