Tech startups buckle underneath stress of excessive ardour rates

Tech startups buckle underneath stress of excessive ardour rates

Tech startups confronted closures and layoffs in 2023 because the Federal Reserve raised ardour rates to a 22-year excessive. New York Cases reporter Erin Griffith joins CBS Records to expose…

Top tech companies dealing with hiring freezes, layoffs amid effort to reduce costs

Top tech companies dealing with hiring freezes, layoffs amid effort to reduce costs

The tech industry saw big beneficial properties all the scheme via the pandemic, but an economic downturn has left some companies in financial jeopardy. CBS Files tech reporter Dan Patterson…