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美国国家公共电台 NPR--As the economy stalls, big tech companies prepare for tougher times

时间:2023-08-03 06:57:40

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As the economy stalls, big tech companies prepare for tougher times

Transcript1

The pandemic fueled a tech boom, but now tech companies are scaling back hiring and hunkering down for a tougher economy than expected.

ASMA KHALID, HOST:

For another indication of what the slowing economy means for businesses, let's look to Silicon2 Valley. The pandemic fueled a tech boom. But this week, many of those same companies said they're hunkering down for tougher times ahead. I asked NPR tech correspondent Shannon Bond to tell us about the mood in Silicon Valley right now.

SHANNON BOND, BYLINE3: Well, rather than me tell you, why don't we hear from the CEOs of Facebook, Apple and Google?

(SOUNDBITE OF MONTAGE)

MARK ZUCKERBERG: I'd say that the situation seems worse than it did a quarter ago.

TIM COOK: I know that this is a time of significant challenge around the world.

SUNDAR PICHAI: What we are talking about is uncertainty4.

BOND: And uncertainty, what you heard Google's Sundar Pichai say at the end there - that's the word that really captures this mood. You know, Google executives said uncertainty or uncertain 13 times on their earnings5 call this week. And that is something that just makes executives and investors6 really uncomfortable. They don't like it. But right now, it's what many companies are bracing7 for.

KHALID: So what is creating that uncertainty?

BOND: Well, there's a few things going on here. So first, the global economy, right? These companies are dealing8 with the effects of inflation, higher interest rates, supply chain disruptions and the war in Ukraine. So, you know, Apple can't get enough parts to build enough Mac computers because of supply shortages, so some of their sales are down. Meanwhile, inflation is driving up costs, and so Apple's profit dropped in the last three months. Secondly9, because of these economic worries, advertisers are pulling back, and that's hurting tech companies like Google and Facebook and Twitter and Snapchat that depend on advertising10. Facebook's sales dropped for the first time ever last quarter. And it and other ad-dependent companies are also still trying to cope with changes Apple made to its privacy policies last year that have made it harder to target ads on iPhones. And then on top of all of that, these tech companies are also coming off this wild run during the pandemic, and people's habits have changed and the companies now have to adapt.

KHALID: So what's changing there with people's habits?

BOND: Well, we're in a different stage - right? - than in 2020, 2021. Lots of people then were largely staying home, doing much more online.

KHALID: Right.

BOND: But these days, you know, Netflix is bleeding subscribers. Amazon is - says it's seeing a comedown from the frenzied11 internet shopping of the past few years. So now there's just more doubt creeping in that this tech boom that drove so much demand is really sustainable.

KHALID: So how are you seeing companies in Silicon Valley cope with all of this?

BOND: Well, they're cutting expenses, slowing hiring. In some cases, there's even companies doing layoffs12. And Facebook CEO Mark Zuckerberg had a clear message for investors and his own employees this week.

(SOUNDBITE OF ARCHIVED RECORDING)

ZUCKERBERG: I expect us to get more done with fewer resources.

BOND: But, of course, you know, that is easier for some of these companies to do than others, right? So, you know, we heard pretty upbeat note from Apple, right? It said it thinks sales are going to pick up towards the end of the year. You know, some of these other companies are seeing sales slow. But overall, these gigantic companies - you know, they were able to get through the pandemic. That also looked like a very tough time. And in the end, they didn't just weather that storm. It turned out to be a huge opportunity as so much demand was driven. People were turning online for school, for work, to connect. Now, in the face of a possible recession, you know, those big companies may be more insulated. It's harder for smaller companies with fewer resources - the Twitters and the Snapchats and so many others - to do the same.

KHALID: NPR tech correspondent Shannon Bond, thank you.

BOND: Thank you.

KHALID: And we should note, Apple, Amazon and Microsoft are among NPR's financial supporters, and Facebook parent company Meta pays NPR to license13 NPR content.


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点击收听单词发音收听单词发音  

1 transcript JgpzUp     
n.抄本,誊本,副本,肄业证书
参考例句:
  • A transcript of the tapes was presented as evidence in court.一份录音带的文字本作为证据被呈交法庭。
  • They wouldn't let me have a transcript of the interview.他们拒绝给我一份采访的文字整理稿。
2 silicon dykwJ     
n.硅(旧名矽)
参考例句:
  • This company pioneered the use of silicon chip.这家公司开创了使用硅片的方法。
  • A chip is a piece of silicon about the size of a postage stamp.芯片就是一枚邮票大小的硅片。
3 byline sSXyQ     
n.署名;v.署名
参考例句:
  • His byline was absent as well.他的署名也不见了。
  • We wish to thank the author of this article which carries no byline.我们要感谢这篇文章的那位没有署名的作者。
4 uncertainty NlFwK     
n.易变,靠不住,不确知,不确定的事物
参考例句:
  • Her comments will add to the uncertainty of the situation.她的批评将会使局势更加不稳定。
  • After six weeks of uncertainty,the strain was beginning to take its toll.6个星期的忐忑不安后,压力开始产生影响了。
5 earnings rrWxJ     
n.工资收人;利润,利益,所得
参考例句:
  • That old man lives on the earnings of his daughter.那个老人靠他女儿的收入维持生活。
  • Last year there was a 20% decrease in his earnings.去年他的收入减少了20%。
6 investors dffc64354445b947454450e472276b99     
n.投资者,出资者( investor的名词复数 )
参考例句:
  • a con man who bilked investors out of millions of dollars 诈取投资者几百万元的骗子
  • a cash bonanza for investors 投资者的赚钱机会
7 bracing oxQzcw     
adj.令人振奋的
参考例句:
  • The country is bracing itself for the threatened enemy invasion. 这个国家正准备奋起抵抗敌人的入侵威胁。
  • The atmosphere in the new government was bracing. 新政府的气氛是令人振奋的。
8 dealing NvjzWP     
n.经商方法,待人态度
参考例句:
  • This store has an excellent reputation for fair dealing.该商店因买卖公道而享有极高的声誉。
  • His fair dealing earned our confidence.他的诚实的行为获得我们的信任。
9 secondly cjazXx     
adv.第二,其次
参考例句:
  • Secondly,use your own head and present your point of view.第二,动脑筋提出自己的见解。
  • Secondly it is necessary to define the applied load.其次,需要确定所作用的载荷。
10 advertising 1zjzi3     
n.广告业;广告活动 a.广告的;广告业务的
参考例句:
  • Can you give me any advice on getting into advertising? 你能指点我如何涉足广告业吗?
  • The advertising campaign is aimed primarily at young people. 这个广告宣传运动主要是针对年轻人的。
11 frenzied LQVzt     
a.激怒的;疯狂的
参考例句:
  • Will this push him too far and lead to a frenzied attack? 这会不会逼他太甚,导致他进行疯狂的进攻?
  • Two teenagers carried out a frenzied attack on a local shopkeeper. 两名十几岁的少年对当地的一个店主进行了疯狂的袭击。
12 layoffs ce61a640e39c61e757a47e52d4154974     
临时解雇( layoff的名词复数 ); 停工,停止活动
参考例句:
  • Textile companies announced 2000 fresh layoffs last week. 各纺织公司上周宣布再次裁员两千人。
  • Stock prices broke when the firm suddenly announced layoffs. 当公司突然宣布裁员时,股票价格便大跌
13 license B9TzU     
n.执照,许可证,特许;v.许可,特许
参考例句:
  • The foreign guest has a license on the person.这个外国客人随身携带执照。
  • The driver was arrested for having false license plates on his car.司机由于使用假车牌而被捕。

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