Tech’s New Normal: Microcuts Over Growth at All Costs
The tech industry has largely recovered from the downturn, but Silicon Valley learned a long-lasting lesson: how to do more with less.
Amazon, Google, Microsoft and Meta Platforms have been cutting dozens or a few hundred employees at a time as executives keep tight controls on costs, even as their businesses and stock prices have rebounded sharply.
Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
The tech industry has largely recovered from the downturn, but Silicon Valley learned a long-lasting lesson: how to do more with less.
Amazon, Google, Microsoft and Meta Platforms have been cutting dozens or a few hundred employees at a time as executives keep tight controls on costs, even as their businesses and stock prices have rebounded sharply.
Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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