Editorial: Tech growth unlikely to come off the tracks despite layoffs
Job cuts in Google and Microsoft are a response to shareholder pressure to lower costs, rather than a crisis
It has been another gloomy week in the tech sector, with Microsoft and Google both announcing large-scale job cuts across their global operations.
Microsoft said it plans to cut more than 10,000 jobs from its global workforce, while Sundar Pichai, the Google chief executive, wrote to staff on Friday to inform them the tech company will shed up to 12,000 jobs over the coming months.
Ireland will undoubtedly be affected by this latest round of ...