My Blog

Layoffs at Alphabet sign Big Tech managing ballooning expenses

A sign is posted in front of a Google office on April 26, 2022 in San Francisco, California. Google parent company Alphabet will report first quarter earnings today after the closing bell.

Justin Sullivan | Getty Images News | Getty Images

Google parent Alphabet (GOOGL) on Friday became the latest technology giant to lay off thousands of workers — a move we expected from the Club holding given falling advertising revenue and growing fears of a recession.

Related posts

Apple, Amazon, Costco, Alphabet, Nvidia, Disney


Why the Federal Reserve won’t be so quick to ease up on its fight against inflation


There is a push in Congress for a brand new nationwide retirement financial savings plan


Leave a Comment