insider@insider.com (Jake Swearingen) / Insider
Wall Street ignored Big Techs bloat during boom times. Now its ready to slice and dice. – As tech stocks slump, institutional and activist investors are increasingly calling the shots. And what Wall Street wants to see is layoffs.Meta Hacker WayMeta announced on November 9 it would be cutting 11,000 workers, or 13% of its total workforce, as revenue continued to slump. Justin Sullivan/Getty Images Its been …
