Zoom laid off 15% alphabet, 6%, Amazon 5%, meta 13%, Salesforce 10%. I mean, adding up just those companies and you're looking at more than 50,000 employees being laid off. SEO says that while executives are incentivized to blame the economy, the real reason for the mass layoffs is quote driven more by market scrutiny of some of the bad ideas tech geniuses have dumped money on in recent years.
After a particularly rough 2022, Target is getting back to basics.
(0:20) Matt Argersinger discusses: - Zoom Video's slowing revenue growth - How Zoom's brand gives it an advantage against bigger competitors - Target beating expectations with household items, groceries, and a better management of its inventory
(11:00) Alison Southwick and Robert Brokamp take a closer look at tech layoffs in 2023 and one company that's managed them well.
To watch the 30-minute deep dive on dividend investing go to MasterClass.Fool.com before midnight on Wednesday!
Companies discussed: ZM, MSFT, GOOG, TGT, WMT, HD, AAPL
Host: Chris Hill Guests: Matt Argersinger, Alison Southwick, Robert Brokamp Producer: Ricky Mulvey Engineer: Rick Engdahl
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