Tech Embraces Austerity, To the Delight of Investors.

The article reports on the approval by investors of the austerity measures adopted by technology companies like Apple, Amazon, Microsoft, and Meta to address their declining organizational performance and market value. Also cited are the firms' plans to terminate more than 10,000 employees, and the plans by executives like Alphabet's Sundar Pichai and Apple's Tim Cook to invest responsibly.