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Microsoft to shed 10,000 jobs, adding to glut of tech layoffs

June 24, 2023

Microsoft Corp on Wednesday said it would eliminate 10,000 jobs and take a $1.2 billion charge to earnings, as its cloud-computing customers reassess their spending and the company braces for potential recession. The layoffs add to the tens of thousands announced in recent months across the technology sector, which has downshifted following a strong growth period during the pandemic.

https://news.yahoo.com/microsoft-cut-10-000-jobs-142014111.html

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