Comment by rl1987
6 months ago
Some quick examples:
Bosch: https://edition.cnn.com/2024/12/11/business/bosch-germany-jo...
Panasonic: https://www.manufacturingdive.com/news/panasonic-layoffs-con...
SAP: https://www.thestack.technology/sap-layoffs-cost-3-billion-l...
Cisco: https://www.brusselstimes.com/1328320/us-company-cisco-to-sh...
Telia: https://www.reuters.com/business/media-telecom/swedens-telia...
Sure, numbers are lower, but tech downturn is a global thing.
Thats what I said. It's been 10% of what it's been in the US. I'm not saying the economy goes well. The difference between what the US had before (the hiring spree) and now, we never actually felt in EU. If you look up Italy, it's been laying people off (not only tech) for 50 years.