Talking Tech: Layoffs Hitting Tech Hard

Talking Tech: Layoffs Hitting Tech Hard

Assessment

Interactive Video

Business

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

The video discusses recent job cuts in the tech sector, with SiriusXM announcing layoffs due to slow revenue growth. The US tech industry has been hit hard, with a significant number of job cuts occurring on the West Coast. This trend is not limited to the US, as tech companies in Ireland, such as Twitter and Intel, are also reducing their workforce. These layoffs have raised concerns with the European Commission, particularly regarding privacy rules.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the percentage growth in SiriusXM's sales during the third quarter?

3.7%

5%

1%

2.5%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which sector experienced the highest number of job cuts in the US according to Challenger, Gray and Christmas?

Retail

Tech

Finance

Healthcare

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many tech jobs were cut in the US in November?

100,000

30,000

77,000

53,000

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which region in the US was most affected by the tech job cuts?

Midwest

East Coast

West Coast

South

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which European country is mentioned as experiencing tech job cuts?

Germany

France

Spain

Ireland

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