Big tech companies had big layoffs. Then they saw big profits ...Middle East

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Big tech companies had big layoffs. Then they saw big profits
In the last year, tech giants made massive cuts to their workforce, which didn’t just please investors — they led to sky-high profits. Meta, for instance, saw its net income soar 201% in the last three months of 2023, from $4.65 billion to $14.02 billion.Read more...

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