Boom or bust for Google stock as it readies for layoffs

Despite the staggering artificial intelligence (AI) boom that has permeated the stock market and multiple industries since at least the launch of ChatGPT in late 2022, employment in the technology sector has been far from stable. In fact, since the start of 2023, approximately 300,000 workers lost their jobs and Elon Musk’s beleaguered electric vehicle (EV) maker, Tesla Motors (NASDAQ: TSLA) is poised to add several tens of thousands more to the tally.Finally, in mid-April, another veritable giant appears b ...