Daily Debrief 2nd edition: A chill in the air for tech workers
2:34

Daily Debrief 2nd edition: A chill in the air for tech workers

Tech Industry
[ music ] ^m00:00:04 >> Kara Tsuboi: Welcome to the daily debrief, I'm CNET's Kara Tsuboi. Here is senior writer, Ina Fried, and yet another sign that our economy perhaps entering a really rough time is signs of potential hiring freezes or layoffs in the tech industry. I know you caught some rumors earlier today about Microsoft. Why don't you explain? >> Ina Fried: Sure, there was a report out there that Microsoft had a companywide hiring freeze and Microsoft's saying that's not the case. But there is a chill at least, so basically they are gonna take another look at their hiring plans for next year. And certainly for a company like Microsoft that hires a lot of people, have been growing, it's a big deal even that they're taking a second look. And I think everyone in this economy really is gonna be doing that. >> Kara Tsuboi: Now a freeze or a chill is obviously a lot better than announcing mass lay off's of course, but some companies in the tech world are starting to think about laying off employees ever quarter. Is that right? >> Ina Fried: Definitely. We've seen a lot of companies that are doing layoffs. HP announced 24,000 jobs that they're cutting. Dell's been cutting a huge number from its work force. Intel's cut a lot of jobs over the last few years as it's gotten out of some businesses. So a lot of companies are scaling back. Microsoft actually will hire people over the next year, in part because it's already announced a lot of things that it's doing like building these big data centers that do require some people. So they said they still expect to add thousands of jobs, but I wouldn't be surprised if we see some of the traditional core software groups not filling open positions, perhaps scaling back. And I think we're gonna see companies across the board really take a close look at that spending, as well as on the capital side; especially the hardware companies, yeah how much they need to invest in capital spending as well. >> Kara Tsuboi: As you were doing your own research on Microsoft today I noticed some of our CNET News colleagues were also looking into some of their companies that they report and follow. Any specific examples you can share that our reporters have found out and helps with your article today? >> Ina Fried: Well it is a little hard to say because a lot of companies are already in the midst of cutting jobs, so they don't exactly have to say if they're gonna cut a few more jobs. So I think people are taking a little bit of a wait and see too, people know things are bad, it's hard to say just how bad. >> Kara Tsuboi: Absolutely, we don't want to see any companies be too reactionary just because the market over the last couple of weeks has tanked, and the bailout plan of course is sputtered and passed finally, but yeah, companies are obviously taking their time to figure these things out. Thank you very much. Senior editor Ina Fried, I'm Kara Tsuboi, we'll see you on the next daily debrief. [ music ]

Up Next

How to Find Cheap Flights
airlinetickets-master-00-05-36-21-still003

Up Next

How to Find Cheap Flights

The iPhone at 15: How Apple's Phone Became the Center of Your Life
yt-applestuff-ep02-v6

The iPhone at 15: How Apple's Phone Became the Center of Your Life

What iOS 16 May Tell Us About the iPhone 14
yt-appleslice-iphone-14cnet

What iOS 16 May Tell Us About the iPhone 14

How Sunscreen Works to Prevent Skin Damage
sunscreen-screenshot-2

How Sunscreen Works to Prevent Skin Damage

How Concorde Pioneered Supersonic Commercial Flight
yt-explainer-super-sonic-v6

How Concorde Pioneered Supersonic Commercial Flight

Apple Previews iOS 16 and a Bunch of New iPhone Features
220606-yt-ios-16-everything-we-know-site

Apple Previews iOS 16 and a Bunch of New iPhone Features

Watch Everything Announced at Apple's WWDC 2022 Event
craig

Watch Everything Announced at Apple's WWDC 2022 Event

Apple's Metal 3 Improves Gaming and Game Development
metalpic

Apple's Metal 3 Improves Gaming and Game Development

Apple Shows Latest iPad OS
apple-ipad-os-00-00-11-22-still096

Apple Shows Latest iPad OS

Tech Shows

The Apple Core
apple-core-w

The Apple Core

Alphabet City
alphabet-city-w

Alphabet City

CNET Top 5
cnet-top-5-w

CNET Top 5

The Daily Charge
dc-site-1color-logo.png

The Daily Charge

What the Future
what-the-future-w

What the Future

Tech Today
tech-today-w

Tech Today

Latest News All latest news

Deepfake Expert Reacts to Viral Deepfakes
deepfake-3

Deepfake Expert Reacts to Viral Deepfakes

Fun Amazon Finds Under $50 (July 2022)
amazonjuly2022-master-00-11-19-15-still001

Fun Amazon Finds Under $50 (July 2022)

Auto Giant Magna Prepares to Make Every Part of a Car Light Up
magna-lighting-00-01-55-05-still131

Auto Giant Magna Prepares to Make Every Part of a Car Light Up

How to Find Cheap Flights
airlinetickets-master-00-05-36-21-still003

How to Find Cheap Flights

The iPhone at 15: How Apple's Phone Became the Center of Your Life
yt-applestuff-ep02-v6

The iPhone at 15: How Apple's Phone Became the Center of Your Life

How to Play Games from PlayStation Plus on PC
psstill

How to Play Games from PlayStation Plus on PC

Most Popular All most popular

Fun Amazon Finds Under $50 (July 2022)
amazonjuly2022-master-00-11-19-15-still001

Fun Amazon Finds Under $50 (July 2022)

How to Find Cheap Flights
airlinetickets-master-00-05-36-21-still003

How to Find Cheap Flights

The iPhone at 15: How Apple's Phone Became the Center of Your Life
yt-applestuff-ep02-v6

The iPhone at 15: How Apple's Phone Became the Center of Your Life

Deepfake Expert Reacts to Viral Deepfakes
deepfake-3

Deepfake Expert Reacts to Viral Deepfakes

SpyraTwo hands-on: The ultimate water gun
spyratwo-2

SpyraTwo hands-on: The ultimate water gun

What's New to Stream for June 2022
netpicks-june-2022thumb

What's New to Stream for June 2022

Latest Products All latest products

E Ink Tablets: Everything You Need to Know
eink-website

E Ink Tablets: Everything You Need to Know

Moto G 5G Review: A $400 Phone That May Have Everything You Need
clip0001-00-00-25-15-still001

Moto G 5G Review: A $400 Phone That May Have Everything You Need

Hands-On: We Got to Try the Sony Xperia 1 IV and Its Zoom Lens
xperiafinalpicsite

Hands-On: We Got to Try the Sony Xperia 1 IV and Its Zoom Lens

Lenovo Legion 7 Gaming Laptops Combine Great Power With Simple, Slim Designs
lenovolegion-00-00-45-13-still003

Lenovo Legion 7 Gaming Laptops Combine Great Power With Simple, Slim Designs

Exploring Meta Store: Facebook Parent Meta's First Physical Retail Space
metastore

Exploring Meta Store: Facebook Parent Meta's First Physical Retail Space

Lenovo's Torrent of Slim-Series Laptops Has Almost Too Many Options
lenovoslim-00-00-03-10-still001.png

Lenovo's Torrent of Slim-Series Laptops Has Almost Too Many Options

Latest How To All how to videos

How to Play Games from PlayStation Plus on PC
psstill

How to Play Games from PlayStation Plus on PC

How to Delete or Disable Your Instagram Account
phoneonorange

How to Delete or Disable Your Instagram Account

Fix Your iPhone Screen With Apple's Self-Service Repair Kit
dsc00641

Fix Your iPhone Screen With Apple's Self-Service Repair Kit

How to Buy a Budget Laptop in 2022
budgetlaptops-00-08-35-15-still001

How to Buy a Budget Laptop in 2022

Google Pay: How to Set Up and Use
googlepay-inhand

Google Pay: How to Set Up and Use

Clean Your AirPods and EarPods Without Damaging Them
yt-howto-clean-airpods-v3

Clean Your AirPods and EarPods Without Damaging Them