![]() ![]() Alphabet Inc.’s Google, however, has said it will slow hiring, while International Business Machines Corp. and Apple Inc., haven’t made public any plans to cut jobs. E-commerce giant Amazon is adding 175,000 workers to help handle a surge in orders, while other tech behemoths, including Facebook Inc. Not all technology companies have been equally affected by the pandemic. At the end of the first quarter, seven of the top 10 companies ranked by market capitalization globally were technology giants. Although technology companies often employ fewer workers than their counterparts in other industries, tech makes up the biggest chunk of the stock market, meaning its performance has a disproportionate impact on individual retirement portfolios and other assets.
0 Comments
Leave a Reply. |