American tech firms have announced plans to lay off 130,000 workers so far this year. This is in addition to the 140,000 they laid off last year. Mark Zuckerberg has declared 2023 would be the year of efficiency. Investors for their part are loving the newfound focus on profitability with the NASDAQ index up by 18%.
A trove of once-secret documents is proving an embarrassment to both America and its allies, and a danger to Ukraine’s planned counter-offensive. The tech industry is shedding workers at a striking pace; we ask where all those laid-off experts are going. And more evidence that suggests pet ownership reduces childhood allergies.
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