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Microsoft Announces Massive 10,000 Layoffs
The next two years are shaping up to be "the most challenging" for the company, CEO Satya Nadella recently admitted.
The next two years are shaping up to be "the most challenging" for the company, CEO Satya Nadella recently admitted.
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Last week, over 3,000 staff were fired on the spot - the bank's biggest round of job cuts since the financial crisis of 2008.
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Cook asked for the pay cut himself, following shareholder criticism. Apple's stocks dipped by around 27% last year.
Microsoft is adding a semi-hidden downgrade to any users who aren't interested in paying for Premium: Fewer features.
The policy will go into effect on January 16th, and will be offered to all US salaried employees.
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The end of support means the operating system will be vulnerable to security risks. Users should upgrade immediately.
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After acquiring Twitter, Musk told staff to work longer hours or he'd pay them to quit. Other companies took notice.
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The employees, based in Dublin and Singapore, are the latest Twitter staff to be given their marching orders.
CEO Andy Jassy said that eliminating thousands of roles at the company had been a "difficult decision" to make.
The retail and consumer tech sectors lost the most jobs in 2022, largely due to big cuts at Meta and Amazon.
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