HP Inc.

'It wasn't sustainable or real': Tech layoffs approaching Great Recession levels

‘It wasn’t sustainable or real’: Tech layoffs approaching Great Recession levels

The number of layoffs in the tech sector this year is approaching the annual levels seen during the Great Recession, but is far from dot-com-bust territory. As tech companies grapple with falling stock prices, inflation, rising interest rates and a possible recession, they have announced more than 60,000 job cuts this year, with indications such …

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5 things to know before the stock market opens on Tuesday

5 things to know before the stock market opens on Tuesday

Trading on the NYSE floor Source: NYSE Here are the most important information investors need to start their trading day: 1. For the birds There are still two trading days until Thanksgiving, but things are already slowing down on Wall Street. Shares fell in a low-volume session on Monday as investors assessed new Covid developments …

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5 things to know before the stock market opens on Tuesday

5 things to know before the stock market opens on Tuesday

Trading on the NYSE floor Source: NYSE Here are the most important information investors need to start their trading day: 1. For the birds There are still two trading days until Thanksgiving, but things are already slowing down on Wall Street. Shares fell in a low-volume session on Monday as investors assessed new Covid developments …

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