2 February 2023
Morning Shot: Tech layoffs - is the worst over?
Meta shares spiked in extended trading after the social media giant reported its fourth-quarter revenue that topped estimates.
This comes against the backdrop of massive tech layoffs by major firms like Amazon and Microsoft.
Boh Wai Fong, Deputy Dean, Nanyang Business School, NTU Singapore gives an analysis of the mammoth task faced by the tech sector in staying afloat.
Produced and edited by Yeo Kai Ting (ykaiting@sph.com.sg)

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