Sunday, December 25, 2022

Time for 'cockroaches, not unicorns': layoffs, funding winter set to continue

Thousands lost jobs amid deepening funding winter in 2022 as massive layoffs by the tech companies this year alone surpassed the levels from the Great Recession the world went through in 2008-2009 that began with Lehman Brothers collapse.

from Tech-Economic Times https://ift.tt/epz2QXF
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Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows

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