3 ms·

Some quick examples: Bosch: https://edition.cnn.com/2024/12/11/business/bosch-germany-job-cuts-intl https://edition.cnn.com/2024/12/11/business/bosch-germany-j

by rl1987 1y ago

Some quick examples: Bosch: https://edition.cnn.com/2024/12/11/business/bosch-germany-job-cuts-intl https://edition.cnn.com/2024/12/11/business/bosch-germany-jo... Panasonic: https://www.manufacturingdive.com/news/panasonic-layoffs-consumer-electronics-10K-workers-globally/747744/ https://www.manufacturingdive.com/news/panasonic-layoffs-con... SAP: https://www.thestack.technology/sap-layoffs-cost-3-billion-licence-deadline/ https://www.thestack.technology/sap-layoffs-cost-3-billion-l... Cisco: https://www.brusselstimes.com/1328320/us-company-cisco-to-shed-almost-a-third-of-staff-in-belgium https://www.brusselstimes.com/1328320/us-company-cisco-to-sh... Telia: https://www.reuters.com/business/media-telecom/swedens-telia-cut-3000-jobs-this-year-cost-saving-drive-2024-09-04/ https://www.reuters.com/business/media-telecom/swedens-telia... Sure, numbers are lower, but tech downturn is a global thing.

lordkrandel 1y ago
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.