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LYFT HIRING SLOWDOWN
US stock market on the move today: Dow climbs toward 50,400 as S&P 500 and Nasdaq also in green - Gold and silver slip while Bitcoin gainsUS stock market today: The Dow Jones hit 50,330.70 today as a shock 130,000 jobs gain reshaped Wall Street. Hiring surged past forecasts. T...- Tech firms, Wall Street lead job cuts in corporate AmericaRapid interest rate hikes, weak consumer demand and an economic slowdown in China have forced firms such as Amazon, Walt Disney, Facebook-o...
- Tech companies keep slashing jobs in uncertain 2023 economyIn November, the most recent month for which data is available, the sector announced 52,771 cuts, for a total of 80,978 over the course of ...
- As Silicon Valley retrenches, a tech talent shift acceleratesIn a reordering of the market for tech workers, more technology professionals are looking beyond the well-known Big Tech employers to compa...
- Employees sue Twitter as bloodbath looms; Udaan sacks another 1,000Elon Musk’s Twitter, as expected, has begun the process of sacking about half of its 7,500 workers by cutting access to their laptops, emai...
- US tech layoffs skyrocket as companies struggle with shrinking global economySackings have intensified over the past few days, with several startups -- foreign and Indian -- firing workers to cope with the severe dea...
- Amazon, Lyft, Stripe, Twitter and other tech companies that have announced hiring freezes and layoffsAmazon said senior executives this week decided to pause incremental corporate hiring because the economy was "in an uncertain place."
- ‘No longer sure bets’: Tech giants are dropping bad news dailyThe drumbeat continued yesterday, as Tesla Inc. Chief Executive Officer Elon Musk told employees the electric-vehicle maker needs to reduce...
- Lyft to slow hiring, assess budget cutsLyft said no employee layoffs are planned and added it would grant special stock options to eligible employees.
- Swiggy, Zomato face backlash on TwitterOver the past week, posts by food delivery workers complaining about poor treatment by Swiggy and Zomato have gone viral on Twitter.
- There is a very big opportunity in PSU stocks: Rakesh JhunjhunwalaI have never seen such volatility, but selectively the market has bottomed out.
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