The world’s five richest men have doubled their wealth since 2020, a report says

The world's five richest men have doubled their wealth since 2020, a report says

Jeff Bezos watches from the sideline before kickoff between the Kansas City Chiefs and Los Angeles Chargers at GEHA Field at Arrowhead Stadium on September 15, 2022 in Kansas City, Missouri. The founder and chairman of Amazon is one of the richest people in the world. Cooper Neill | Getty Images Sports | Getty Images … Read more

After a big tech layoff, Silicon Valley may have lost its monopoly on workers

After a big tech layoff, Silicon Valley may have lost its monopoly on workers

The Android character will appear at Google headquarters on December 19, 2023 in Mountain View, California. Justin Sullivan | Getty Images After a year defined by mass layoffs among Silicon Valley giants, tech workers traded the prospect of high-growth capital and home jobs for something more stable. According to 2023 data from tech platform Karat, … Read more

As Amazon, Citigroup and Google start 2024 with layoffs, experts say unemployed workers should take these steps

As Amazon, Citigroup and Google start 2024 with layoffs, experts say unemployed workers should take these steps

Jackyenjoy photography | Moment | Getty Images The start of 2024 has not been kind to workers in industries that started the year with layoffs. Google cut several hundred jobs in its central engineering, hardware and assistant teams. Amazon is shedding hundreds of positions in its Prime Video, MGM Studios, Twitch livestreaming and Audible divisions. … Read more

Google is cutting hundreds of jobs across engineering and hardware teams

Google is cutting hundreds of jobs across engineering and hardware teams

Google headquarters in Mountain View, California, on January 30, 2023. Marlena Sloss | Bloomberg | Getty Images Google cut several hundred jobs across the company late Wednesday as the company continues to push for efficiencies and focus on its “biggest product priorities,” a spokesperson confirmed to CNBC. The layoffs will affect employees of Google’s hardware … Read more

Amazon to cut hundreds of jobs at Prime Video and MGM Studios: Read memo to employees

Amazon to cut hundreds of jobs at Prime Video and MGM Studios: Read memo to employees

Amazon is laying off hundreds of employees across its Prime Video and MGM Studios divisions. Mike Hopkins, who oversees those units, sent a memo to employees Wednesday informing them of the job cuts, according to a copy of the memo seen by CNBC. An Amazon spokesperson confirmed the layoffs. Hopkins said the company made the … Read more

3 advertising businesses of our tech giants are poised for further growth this year

3 advertising businesses of our tech giants are poised for further growth this year

Club names Alphabet, Meta Platforms and Amazon are best positioned to dominate the online advertising landscape this year, according to a new Wall Street survey. The results confirm our bullish stance on these three Big Tech giants. Based on responses from the latest survey of US ad buyers, analysts at TD Cowen said on Tuesday … Read more