Business of Tech: Daily 10-Minute IT Services Insights Mon Feb-5-2024: Tech Layoffs Amidst a Booming Job Market: Contradictions and Concerns
In this episode of "The Business of Tech," host Dave Sobel discusses the contradicting news of layoffs at tech giants Google, Amazon, and Microsoft amidst a booming U.S. job market. He also shares insights on Microsoft's new AI tool for sales and services, specifically designed for Salesforce and Dynamics 365 users. Additionally, Sobel highlights IBM's discovery of the audio jacking threat in voice call security. Sobel also touches on the strong growth of the U.S. labor market, with a substantial increase in jobs added in January and low unemployment rates. However, economists caution that other factors may indicate a potential slowdown in wage or job market growth.
Three things to know today
00:00 Google, Amazon, Microsoft Layoffs Contradict Booming US Job Market
05:27 Copilot AI for Sales and Service: Microsoft's New Tool for Salesforce and Dynamics 365 Users
06:34 IBM Uncovers 'Audio-Jacking' Threat in Voice Call Security
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