Talking Tech: Layoffs Hitting Tech Hard

The video discusses recent job cuts in the tech sector, with SiriusXM announcing layoffs due to slow revenue growth. The US tech industry has been hit hard, with a significant number of job cuts occurring on the West Coast. This trend is not limited to the US, as tech companies in Ireland, such as Twitter and Intel, are also reducing their workforce. These layoffs have raised concerns with the European Commission, particularly regarding privacy rules.

What was the percentage growth in SiriusXM's sales during the third quarter?

• 3.7%

• 5%

• 1%

• 2.5%

Which sector experienced the highest number of job cuts in the US according to Challenger, Gray and Christmas?

• Retail

• Tech

• Finance

• Healthcare

How many tech jobs were cut in the US in November?

• 100,000

• 30,000

• 77,000

• 53,000

Which region in the US was most affected by the tech job cuts?

• Midwest

• East Coast

• West Coast

• South

Which European country is mentioned as experiencing tech job cuts?

• Germany

• France

• Spain

• Ireland