As tech companies pull back on spending, big office holiday parties are on the chopping block

  • Date: 22-Dec-2022
  • Source: Business Insider
  • Sector:Technology
  • Country:Jordan
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As tech companies pull back on spending, big office holiday parties are on the chopping block

This is Jordan Parker Erb. I'm back in a very, very, Montana for the holidays, meaning I missed Insider's year-end party. Apparently, some tech workers are also missing their companies' holiday festivities — but not because they're bopping around in the Mountain West. As tech companies pull back on spending, big office holiday parties are on the chopping block. We spoke with tech founders and investors, who shared how they're saving money ahead of the new year. Let's get to it. For startup founders and venture capitalists, the office holiday party is a December tradition. But this year, holiday parties in startup-land look a little different. A new study in wolves underscores a strange link between leadership and an infection caused by cat poop. As many as 80% of humans may have the parasite, too — and there's sketchy but tantalizing evidence that it alters our entrepreneurial behavior. But there are . Despite market turmoil and falling valuations, dozens of companies — from A24 Films to SeatGeek — raised money at a valuation of at least $1 billion. According to an internal macroeconomic analysis from November, obtained by Insider, Amazon sees a 30% chance of a US recession within the