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Meta Mark Zuckerberg
Mark Zuckerberg says the economy and competitive pressure has hurt its growth. Investors say it was Zuck's own decisions that led to Tuesday's sweeping job cuts.
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Mouse pointer picking up a laptop and dragging it from the Northern Hemisphere oversees
Companies are increasingly offshoring jobs that would have previously been based in the US, as US immigration gets harder and remote work gets easier.
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A man stands outside Silicon Valley Bank
Certain loud voices in the tech industry rail against big government and regulations. But when the government stepped in to help Silicon Valley Bank depositors, they welcomes it with open arms.
Tech Insider : Economy
A recruiter and a job seeker talking at a job fair
Kelly Moss, a recruiter for FLA Live arena, speaks to job seeker Michael Guralnick at the Mega South Florida Job Fair held in the FLA Live arena on February 23, 2023 in Sunrise, Florida.
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A locked door to a Silicon Valley Bank (SVB) location on Sand Hill Road is seen in Menlo Park, California, U.S. March 10, 2023.
A locked door to a SVB location in Menlo Park, California, on Friday. The announcement on the door was from the FDIC, which took control of SVB on Friday.
Tech Insider
A Brinks armored truck sits parked in front of the shuttered Silicon Valley Bank (SVB) headquarters on March 10, 2023 in Santa Clara, California.
A Brinks armored truck sits parked in front of the shuttered Silicon Valley Bank (SVB) headquarters on March 10, 2023 in Santa Clara, California.
Tech Insider : Politics
Mohammed bin Salman Biden MBS
Saudi Crown Prince Mohammed bin Salman (L) and US President Joe Biden (R).