Big tech companies have long been willing to fund efforts with no obvious payoff. But those groups have been hit hard in recent layoffs. Source
The Perils of Working on a C.E.O.’s Pet Project
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Salesforce to Lay Off 10 Percent of Staff and Cut Office Space
Salesforce, the business software giant, said on Wednesday that it planned to lay off 10 percent of its work force, or about 8,000 employees, and scale back office space because of concerns about the economy. […]
Technology
Tech’s Biggest Companies Are Sending Worrying Signals About the Economy
Google this week reported a steep decline in profits. Social media companies such as Meta said that advertising sales — the heart of their businesses — have rapidly cooled off. And Microsoft, perhaps the tech […]
Technology
Digital Habits Are Hard to Break
This article is part of the On Tech newsletter. You can sign up here to receive it weekdays. Digital success can be as flimsy as tissue paper. Remember Groupon? BlackBerry went from the king of […]
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