1. EachPod

Job Cuts At Red Hat: What's Next for Tech 4/29/2023

Author
Bruce Ferrell
Published
Sat 29 Apr 2023
Episode Link
https://rss.com/podcasts/saturday-morning-magazine-with-bruce-ferrell/924415

Raleigh based software giant, Red Hat, announced it will lay off hundreds of employees. The company's CEO says it will be a 4% cut of its global workforce. As of early March, Red Hat employed roughly 2,200 in the Triangle. The announcement is the latest round of job cuts in the technology sector. Gerald Cohen, a professor from the UNC Kenan-Flagler Business School, joined Nate Saunders to discuss the move.

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