The tech industry layoffs are basically an instance of social contagion, in which companies imitate what others are doing. If you look for reasons why companies do layoffs, the reason is that everybody else is doing it. Layoffsare the result of imitative behaviorand are not particul...
David Kline, a spokesperson for the California Taxpayers Assn., said ads are just one tool lobbyists use if legislation is moving quickly and they need to get the word out to a lot of people. The association's ad against AB 886 has racked up 2.1 million views on Google-owned YouTube. ...
But at the same time, I was reading an article about both Google and Facebook, still negotiating now on the layoffs that they’d announced six months ago in Europe. And expectation being that it will be at least a year until they could actually lay anyone off in those ma...
When Root went public in October 2020, its market capitalization was nearly $7 billion; today it is about $128 million. It’s little surprise, then, that the fintech IPO market (along with the broader IPO market) shriveled in 2022 and 2023. Layoffs followed. In January 2023, crypto ...
The problems at Sonos run deeper than a botched app rollout. With layoffs and growing customer dissatisfaction, the possibility of Sonos going under without a buyer is becoming increasingly real. RememberAether Cone and Rdio? Something similar could happen with Sonos but on ...
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He assumes that firms offer workers a choice between layoff and continued work at lower pay, layoff occurring only when the lower pay is refused. Layoffs are compatible with the Lucas–Rapping theory, because they are regarded as quits following refusal of pay cuts. Search models start from ...
Just like with S4, your holding company – you grew rapidly in the early days with the help of acquisitions and have recently been making headlines mainly with layoffs and poor stock market figures. So not everything is going well at Monks either. ...
Microsoft CEO Steve Ballmer has his own way of looking at the competitive landscape. Apple is about being “fashionable,” Amazon is about being “cheap,” Google is about “knowing more,” but Microsoft is about “doing more,” he said during Microsoft’s recent company meeting,according to...
Nakamura resists comparisons to family, seeing it instead as a diverse team of professionals working toward a common goal. Still, its warm atmosphere stands out in a troubled games industry where funding is drying up andstudios large and small are racked by layo...