What’s behind the job cuts in Big Tech?

Several Big Tech companies have recently announced job cuts - and they pinned their decisions on a pandemic-induced hiring spree. But is that actually what’s driving the cuts? We sat down with the FT’s US financial commentator Robert Armstrong to get the full picture. Clips from Reuters, MSNBC, Yahoo Finance- - - - - - - - - - - - - - - - - - - - - - - - - - BTM listeners, we want to know what you think of the show and what you want to hear more of. Visit ft.com/btmsurvey to submit your feedback. - - - - - - - - - - - - - - - - - - - - - - - - - - For further reading:Slimming down Big TechIs Big Tech flabby?Bye-bye massages and free food: Big Tech cuts back perksThe shock of mass lay-offs is only the beginning for companies- - - - - - - - - - - - - - - - - - - - - - - - - - On Twitter, follow Robert Armstrong (@rbrtmstrng) and Michela Tindera (@mtindera07)Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.