Tech Sector news and trends

Tech Sector Cut 32,000 Jobs So Far in 2024
Personnel // February 05, 2024

Approximately 32,000 tech workers have lost their jobs so far in 2024. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

Tech Companies Avoiding UK for IPOs
IPO // May 08, 2023

Tech companies have determined that the United Kingdom is not the place to launch their initial public offerings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

Chinese Tech Sector Faces Capital Crunch
International // January 06, 2020

Numerous unicorns were among the hundreds of Chinese tech firms that toppled in 2019 as the economy soured and startups went through piles of cash, The Financial Times (FT) reported on Monday (Jan. 6). Get the Full Story Complete the form to unlock this article...

Amazon To Open Manhattan Office In 2021
Amazon // December 08, 2019

Amazon has inked a deal to open its next headquarters in midtown Manhattan at Hudson Yards less than a year after withdrawing a plan to open a headquarters in Queens, The Wall Street Journal (WSJ) reported on Friday (Dec. 6). Get the Full Story Complete...

Quick Reads
Tech Layoffs ‘Become Contagious’ Amid AI Investments

February 11, 2024
Tech firms have cut 34,000 jobs so far this year amid new investments in technology. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive […]

Tech Sector Cut 32,000 Jobs So Far in 2024

February 05, 2024
Approximately 32,000 tech workers have lost their jobs so far in 2024. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Tech Companies Avoiding UK for IPOs

May 08, 2023
Tech companies have determined that the United Kingdom is not the place to launch their initial public offerings. Get the Full Story Complete the form to unlock this article and...

Chinese Tech Sector Faces Capital Crunch

January 06, 2020
Numerous unicorns were among the hundreds of Chinese tech firms that toppled in 2019 as the economy soured and startups went through piles of cash, The Financial Times (FT) reported...