ویڈیو ڈھونڈیں: #russianinvasionofukraine
Recession looming: Tech giants freezing hiring
The damage from the #COVID19pandemic, the Russian invasion of Ukraine has magnified the slowdown in the #globaleconomy, which is entering a long term of feeble growth and elevated inflation. Stocks have tumbled across Europe, as soaring inflation puts pressure on central bankers to raise interest rates even more aggressively. With the US dollar in demand, the pound has sunk below $1.18 for the first time since March 2020, early in the pandemic.
As per Forbes, the Inflation stocks - which predominantly includes companies from the banking, insurance, consumer staples, oil and gas sectors - has declined by about 8% over the last month, marginally underperforming the broader S&P 500.
Finance Minister #NirmalaSitharaman, including the US, said that global tech companies are in panic due to fear of an economic slowdown in developed countries. After putting brakes on job cuts and hiring by tech-social media companies like Microsoft, Google, Facebook (meta), Oracle, and Twitter, Apple has now joined the list of these companies.
While the U.S. Federal Reserve took some time to respond to inflation, starting with a 0.25% rate hike in March 2022, it is getting more aggressive with its monetary policy tightening, after inflation numbers for May came in higher than expected. The central bank raised rates by 0.75% in June, its largest hike since 1994.
Let's look into how the global tech companies are pulling back.
Alphabet Inc. has decelerated their recruiting efforts. According to an internal memo, Chief Executive Officer Sundar Pichai told employees that- although the business added 10,000 Googlers in the second quarter- it will be slowing the pace of hiring for the rest of the year and prioritizing engineering and technical talent.
Amazon.com Inc. said in April that it was overstaffed after ramping up during the pandemic and needed to cut back. "As the variant subsided in the second half of the quarter and empبذریعے VARINDIA | 30 نظٓارہ
Russia Ukraine War जानिए क्या होगा आगे ? Today Xpress News Live||
#Russia #Ukraine #War
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Why all the countries of the world are saying I wish we had Modi too
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Reliance Jio ने ग्राहकों को दिया बड़ा झटका | जियो ने महंगे की रिचार्ज प्लान
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My interview with Jan Man India
Here is my interview with Shri Sudhir Raval on Jan Man India Channel.
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Nawazuddin Siddiqui on living with his mentally disturbed friend | Nirmal Das Story
In an exclusive chat with Bollywood Bubble, Nawazuddin Siddiqui shares a tragic story of his friend from National School of Drama who fell into depression and started behaving in a weird way. He also revealed how he got scared looking at him in the middle of the night and how his other colleagues like Piyush Mishra and Tanishttha Chatterjee had a spooky encounter with Nirmal Das. Check out the video to know the full story.
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Nawazuddin Siddiqui on living with his mentally disturbed friend | Nirmal Das Storyبذریعے Bollywood Bubble | 202 نظٓارہ
Thank you, David Warner, for the countless thrills and moments of pure joy.
Thank you, David Warner, for the countless thrills and moments of pure joy.بذریعے CricTracker | 187 نظٓارہ
Delhi Airport पर बड़ा हादसा, मूसलाधार बारिश से टर्मिनल-1 की छत गिरी, 6 लोग घायल
Delhi Airport पर बड़ा हादसा, मूसलाधार बारिश से टर्मिनल-1 की छत गिरी, कई कारें आई चपेट में, 6 लोग घायल
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Technical Session V, Q&A
Global Summit 2020 "Mission 5 Trillion – CMA as a Cryogenic Force"
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Mrs India International Queen 2024: प्रतियोगिता में भोपाल की बेटी का दबदबा
INH, Mrs India International Queen 2024: प्रतियोगिता में भोपाल की बेटी का दबदबा
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