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The Intelligence: Horn under a bad sign

Economist Podcasts

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Tech Industry Job Cuts and Rise of Unicorns

Recent layoffs in tech giants like LinkedIn, Qualcomm, Google, Amazon, and Snap indicate a trend of downsizing. This year, America witnessed the birth of 344 unicorns, a significant increase from the previous year's 45, showcasing a rise in billion-dollar companies. The tech unicorn, once perceived as stable, is now vulnerable.

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