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layoffs in tech sector

Global tech sector sees over 2.12 lakh layoffs in first half of 2023

Image Source : FILE Indian tech industry witnessed more than 27K layoffs in first half of 2023 The global tech sector has experienced a significant wave of job losses in the first half of 2023, affecting over 212,000 employees across various tech companies, from Big Tech firms to startups. Data from the layoffs tracking site Layoffs.fyi reveals that 819 tech companies…

The bitcoin bounce: what comes next?

Markets this year are roiling, uncertainty abounds and the U.S. government has had to step in to rescue two large American banks in recent days. So why is bitcoin, considered among the riskiest bets of them all, rising so fast?Just months ago, all forms of cryptocurrency appeared to be going up in flames, with bitcoin plunging from almost $50,000 at the start of 2022, to less than $17,000 when 2023 rolled around. Bitcoin has since soared more than 60% and it climbed another 8% Friday above $27,000, all in an era of mass