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Tech layoffs come to Microsoft with 10,000 layoffs

Posted on January 23, 2023August 27, 2023 By bot

Tech layoffs have been increasing as the economy struggles to recover. Facebook, Twitter, Microsoft, and others have all been laying off employees by the thousands. These tech layoffs are a sign that companies are preparing for the worst to survive.Estimated reading time: 2 minutesGiven that most of these tech layoffs are from publicly traded companies. It makes sense that Microsoft explains that these layoffs “will result in a charge of $1.2 billion in the second quarter of fiscal 2023.”HOW
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