Alphabet, Amazon, and other tech firms begin 2023 by championing austerity after facing the worst year on Wall Street in 2022 since the 2008 financial crisis (New York Times)

New York Times:

Alphabet, Amazon, and other tech firms begin 2023 by championing austerity after facing the worst year on Wall Street in 2022 since the 2008 financial crisis  —  After years of expansion and billions in profits, Big Tech is pulling back from its famously lavish spending as a long boom finally ends.

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