Tech Layoffs and Musk Bans Ye
Bloomberg Tech
Bloomberg
4.4 • 70 Ratings
🗓️ 2 December 2022
⏱️ 43 minutes
🧾️ Download transcript
Summary
Bloomberg's Ed Ludlow breaks down why the tech sector has been hit particularly hard with layoffs. Plus, a look at Elon Musk's decision to ban Kanye West from Twitter, and why Uber is confident it doesn't need to cut jobs.
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| 0:00.0 | The Bloomberg Sustainable Business Summit returns to Singapore on July 31st for solutions-driven discussions on unlocking growth in times of increased ESG scrutiny and competition. |
| 0:12.0 | Join global business leaders and investors |
| 0:15.0 | to drive innovation and scale best practices |
| 0:17.7 | in sustainable business and finance. |
| 0:19.9 | Learn more at Bloomberg Live.com |
| 0:22.0 | slash Sustainable Viziz Singapore. |
| 0:24.3 | That's Bloomberg Live.com |
| 0:26.0 | slash Sustainable Biz Singapore. I've had loved lolo in San Francisco. This is Bloomberg Technology. |
| 0:47.5 | The US labour market looks resilient after a strong November jobs report but things aren't so rosy in the tech market |
| 0:54.8 | with a wave of layoffs. We break down what this report means for the Fed and Silicon |
| 0:59.0 | Valley at large. Plus, Elon Musk says he is releasing, quote, |
| 1:03.2 | what really happened with the Hunter Biden story |
| 1:06.0 | suppression by Twitter, two years after Twitter |
| 1:09.1 | changed its policies in the wake of the New York Post |
| 1:11.9 | report. |
| 1:12.4 | We have the latest. |
| 1:13.4 | And Uber's CEO says the company's ready for any economic environment |
| 1:17.6 | with no plans to cut the workforce as competitors announce layoffs |
| 1:21.8 | and new names reveal job cuts. |
| 1:24.0 | First, of course, we've got to take a look at how markets ended Friday. |
| 1:28.2 | Major technology internet companies mostly lower after what was a pretty hot jobs report there than |
| 1:34.8 | as that 100 actually pairing most of its losses to close down |
... |
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