Download
Tech companies layoff thousands of workers
Mark Niu

Translating...

Content is automatically generated by Microsoft Azure Translator Text API. CGTN is not responsible for any of the translations.

Error loading player: No playable sources found
02:45

As the economy struggles, even the once-booming tech industry is proving it’s far from immune.

Big companies like Twitter, Facebook, and now Amazon are laying off thousands of workers.  

For more, check out our exclusive content on CGTN Now and subscribe to our weekly newsletter, The China Report.

MORE FROM CGTN

Trump's auto tariffs sow fears of economic fallout and trade wars
{"type":2,"value":"CGTN","commentator":[],"valueShow":true,"commentatorShow":false}

Business

12:16, 05-Apr-2025

America the vandal: Time for multipolarity to move forward
{"type":2,"value":" Warwick Powell","commentator":[],"valueShow":true,"commentatorShow":false}

Biz Analysis

12:07, 05-Apr-2025

Trump tariff tailspin worsens, Nasdaq confirms in bear market
{"type":2,"value":"CGTN","commentator":[],"valueShow":true,"commentatorShow":false}

North America

09:13, 05-Apr-2025

U.S. treasury secretary mulls exit following tariff backlash: media
{"type":2,"value":"CGTN","commentator":[],"valueShow":true,"commentatorShow":false}

North America

09:06, 05-Apr-2025

TOP NEWS

Chinese government slams U.S. tariff abuses, vows to protect interests
{"type":2,"value":"CGTN","commentator":[],"valueShow":true,"commentatorShow":false}

China

12:05, 05-Apr-2025

U.S. enacts Trump's 10% tariff, upending global trade
{"type":2,"value":"CGTN","commentator":[],"valueShow":true,"commentatorShow":false}

North America

02:09, 06-Apr-2025

Search Trends