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Business Matters: Why are tech giants slashing staff numbers?

The ticking tech bomb

17/11/2022 GMT

Why are tech giants slashing staff numbers?

BBC World Service - Business Matters, Why are tech giants slashing staff numbers?

Are tech workers in Silicon Valley struggling as jobs are being cut?

Major brands throughout the US have been trimming their workforces ahead of an economic downturn.

A growing list of American employers are reducing their headcount ahead of an anticipated recession. Layoffs have not peaked yet as hiring, inflation and major changes in many companies are impacting tech business. 

Zyma Islam, a journalist at the Daily Star newspaper, Dante Disparte, Chief Strategy Officer and Head of Global Policy at the digital financial services firm Circle and Silicon Valley veteran – Michael Malone talks us through this complex problem. 

We also discuss the importance of preserving Amazon forests. And we'll find out why Mariah Carey is being criticised for attempting to monetise Christmas.

(Picture: Students Working On Computer Assignment During Seminar Group. Credits: Getty Images)

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