Tag : economic downturn

2024's tech layoff wave – a continuation of last year's trend
Business

2024’s tech layoff wave – a continuation of last year’s trend

manamalive.com
Amidst a major industry shift, tech giants like Amazon, Google, and Duolingo are initiating large-scale layoffs. Discover the underlying reasons and implications of these workforce reductions....
China grapples with deflation as global concerns mount
Business

China grapples with deflation as global concerns mount

manamalive.com
China’s economic landscape is undergoing a seismic shift as it witnesses deflation for the first time since early 2021. Official data reveals a 0.3% decline in the consumer price index for July. This downturn trails...