Tech companies are in a battle to be the next big thing, but not all of them are winning. This week’s news includes a company laying off staff, the latest on a merger between two well-known companies, and an update on a new technology that’s helping people struggling with mental illness.
A tech company’s price-to-earnings ratio can tell you how much the market values its current profits. But for younger companies that aren’t yet profitable, revenue growth is a more important indicator of future potential. It’s also crucial for unprofitable tech companies to show that they are moving from losses toward profits, not just cutting costs.
Known for its fast-paced environment, Amazon offers opportunities for business school graduates in areas like product management and marketing. Its employees praise the firm’s benefits package, which includes stock options, competitive health and dental insurance, and generous paid time off. Another high-ranking tech giant, Apple is also a top place for business school grads to work. Its employees laud the firm’s excellent compensation packages, perks like free Apple products and an employee gym, and a commitment to professional development. The company is working on several major projects, including the Apple Watch and the augmented reality headset, the Apple TV, and the Siri virtual assistant. In addition, it has a strong culture and an outstanding corporate responsibility program.