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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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

Name at least two tech companies in Ireland that have been cutting jobs.

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns have been raised by the European Commission regarding tech companies?

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OFF

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