27/02/2023
Here are 3 top tech stocks for 2023 that actually make money
Laid-off Silicon Valley workers are panic-selling their start-up shares as valuations tumble
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Tech layoffs were a ‘rip the Band-Aid off moment’ for Microsoft: AnalystScroll back up to restore default view.
Vishesh Raisinghani
Tue, February 21, 2023 at 11:30 PM GMT+2·5 min read
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Laid-off Silicon Valley workers are panic-selling their start-up shares as valuations tumble — here are 3 top tech stocks for 2023 that actually make money
Laid-off Silicon Valley workers are panic-selling their start-up shares as valuations tumble — here are 3 top tech stocks for 2023 that actually make money
The white-collar recession is well underway.
After nearly a decade of six-figure salaries, cushy jobs and extravagant office perks, Silicon Valley firms are finally cutting back. Nearly 90,000 tech workers were laid off in 2022 alone. This year isn’t off to a great start either. In January alone, Amazon announced 18,000 job cuts, Microsoft confirmed plans to lay off 10,000 workers and Google said it's cutting 12,000 jobs globally.
It's a tech-astrophe out there. But you have options.