Alphabet’s Massive Layoffs Fuel $50 Billion Market Rally—And Analysts Expect More Job Cuts Will Boost Tech Stocks

Alphabet’s Massive Layoffs Fuel $50 Billion Market Rally—And Analysts Expect More Job Cuts Will Boost Tech Stocks

After Silicon Valley’s years-long spending spree, tech firms are starting to cut back, and investors are rallying around the grim news.

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