Big Tech Continues to Undo Excessive Hiring During Pandemic

There appears to be no end in sight when it comes to big tech’s layoffs. A recent Investor’s Business Daily article noted that more layoffs could be ahead for the rest of 2023. Despite the layoffs, the NASDAQ-100 is still up about 10%. The market could be responding favorably to the layoffs, with profitability forecasts [...] The post Big Tech Continues to Undo Excessive Hiring During Pandemic appeared first on ETF Trends .