More than 186,000 tech-sector employees have lost their jobs since the start of 2023

More than 186,000 tech-sector employees have lost their jobs since the start of 2023

More than 186,000 global technology-sector employees have been laid off since the start of 2023, according to data compiled by the website Layoffs.fyi. The website’s tally of 2023 global tech layoffs has gone up more than sevenfold since mid-January. The data show that 2023 has surpassed 2022 for global tech redundancies, with 637 tech companies…

Tech layoffs roll on as Meta and Amazon make cuts

Tech layoffs roll on as Meta and Amazon make cuts

Meta and Amazon are the latest big-name tech companies in the layoffs spotlight, joining Dropbox, Electronic Arts, Palantir Technologies, Twilio, Zoom, eBay, Okta, Splunk, PayPal, IBM, SAP, Spotify, Alphabet, Intel, Microsoft, Coinbase, Cisco, and Salesforce. More than 184,000 global technology-sector employees have been laid off since the start of 2023, according to data compiled by…

More than 166,000 tech-sector employees have lost their jobs since start of 2023

More than 166,000 tech-sector employees have lost their jobs since start of 2023

More than 168,000 global technology-sector employees have been laid off since the start of 2023, according to data compiled by the website Layoffs.fyi. The website’s tally of 2023 global tech layoffs has gone up more than sixfold since mid-January. The data show that 2023 has surpassed 2022 for global tech redundancies, with 561 tech companies laying…

SVB swag, like this fleece jacket, is selling for up to $1,000 on eBay

SVB swag, like this fleece jacket, is selling for up to $1,000 on eBay

Despite the news of its collapse, Silicon Valley Bank lives on — at least to those who buy and sell via eBay EBAY, +1.47%. There’s a wave of SVB merchandise — essentially, corporate swag given to employees in years past — that is now being offered as collectible-worthy fare on the popular online auction site….

More than 125,000 tech-sector employees have lost their jobs since the start of 2023

More than 125,000 tech-sector employees have lost their jobs since the start of 2023

More than 125,000 global technology-sector employees have been laid off since the start of 2023, according to data compiled by the website Layoffs.fyi. The website’s tally of 2023 global tech layoffs has gone up almost fivefold since mid-January. Related: Palantir joins growing list of tech companies announcing layoffs The data suggest that 2023 is firmly on pace…

U.S. stock futures slip ahead of a busy day for Fed speakers

U.S. stock futures slip ahead of a busy day for Fed speakers

U.S. stock index futures were trading lower on Wednesday, as investors looked for fresh catalysts to move the market higher and waited to hear from a cluster of Federal Reserve speakers. How are stock-index futures trading? S&P 500 futures ES00, -0.52% slipped 0.3%, or 14.5 points, to 4,161.75 Dow Jones Industrial Average YM00, -0.36% futures…

On eBay, sellers are hawking water from Disney’s shuttered Splash Mountain ride

On eBay, sellers are hawking water from Disney’s shuttered Splash Mountain ride

Walt Disney World DIS, +2.14% shuttered its popular but controversial Splash Mountain boat ride over the weekend, ending the attraction’s three-decade run. But some entrepreneurs are pitching a way to keep the water flowing, so to speak.  Namely, they are selling water they say is sourced from the ride.  There are dozens of listings on…

Measures to delay $600 tax-reporting threshold for PayPal, Venmo payments fail to make it into omnibus bill

Measures to delay $600 tax-reporting threshold for PayPal, Venmo payments fail to make it into omnibus bill

Millions of gig workers and sellers that use payment networks like PayPal and Venmo remain on track to receive a 1099-K tax form in 2023 for the first time, after measures that would have delayed a key tax-reporting change failed to make it into a year-end spending bill that passed the Senate on Thursday. The…

IRS warns about new $600 threshold for PayPal, Venmo payments

IRS warns about new $600 threshold for PayPal, Venmo payments

Millions of gig workers and sellers that use payment networks like PayPal, Venmo and Zelle look set to get a tax form in the new year that they haven’t received before, unless a corporate lobbying push is successful. The change, which has taken effect with the 2022 tax year, is that third-party payment networks will…

How one investor applied the lessons of the meme stocks frenzy to blockchain and NFTs

How one investor applied the lessons of the meme stocks frenzy to blockchain and NFTs

Almost two years ago, during the first winter of the COVID pandemic, Roman Tirone was introduced to the world of meme stocks. “I think I had a couple of friends reach out about them to me and I took a look,” the New York City-based investor told MarketWatch. “There was a strong community that was…

A Ritz-Oreo mashup treat is now selling for $600 on eBay

A Ritz-Oreo mashup treat is now selling for $600 on eBay

Are you ready for another sweet-and-salty mashup? Mondelēz International MDLZ, +0.21%, the food giant behind the Oreo and Ritz brands, has rolled out a snack combining the two treats in one, available through a limited-time mail offering. How limited? There were 1,000 boxes of the Ritz X Oreo combo up for grabs, starting Thursday at…