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Big Tech Feels Economic Chill As Sales Falter.
- Source :
-
New York Times . 10/27/2022, Vol. 172 Issue 59589, pA1-A16. 2p. - Publication Year :
- 2022
-
Abstract
- The article reports on how economic issues in the U.S. like high inflation and rising interest rates are affecting the financial performance of technology companies like Google, Meta and Microsoft. Other topics include the adjustments being made by the firms to cope with a slowdown in consumer spending, and the steps taken by Amazon to cope with the slowdown like shelving warehouse expansion plans and canceling new leases as of October 2022.
Details
- Language :
- English
- ISSN :
- 03624331
- Volume :
- 172
- Issue :
- 59589
- Database :
- Academic Search Index
- Journal :
- New York Times
- Publication Type :
- News
- Accession number :
- 159875708