Latest / Saturday Morning Magazine with Bruce Ferrell
Job Cuts At Red Hat: What's Next for Tech 4/29/2023
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.
The skinny
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