Friday, May 29, 2020

Analysis of Layoffs.fyi data: tech companies have cut over 40,000 jobs during the pandemic, led by the travel and transportation sector with 14,250 layoffs (Bloomberg)

Bloomberg:
Analysis of Layoffs.fyi data: tech companies have cut over 40,000 jobs during the pandemic, led by the travel and transportation sector with 14,250 layoffs  —  Layoffs have slammed tech companies both large and small since the start of the coronavirus pandemic in mid-March.



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Datadog closed up 31%+ after reporting Q1 revenue up 32% YoY to $1B and raising its FY revenue forecast, an outlier in the software industry amid the AI boom (Mike Wheatley/SiliconANGLE)

Mike Wheatley / SiliconANGLE : Datadog closed up 31%+ after reporting Q1 revenue up 32% YoY to $1B and raising its FY revenue forecast, a...