Tag: INS
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Job Cuts Announced by Microsoft and Meta Amidst Tech Industry Turmoil
Microsoft and Meta are set to lay off thousands of employees as part of restructuring efforts. Microsoft will initiate small layoffs in various departments, while Meta plans to cut about 3,600 jobs, representing 5% of its workforce. CEO Mark Zuckerberg has emphasized swift action against underperformers. Both companies assure that severance packages will be provided…