2023 Layoff Tracker: Microsoft Cuts More Staff, Report Says
2023 Layoff Tracker: Microsoft Cuts More Staff, Report Says
www.forbes.com 2023 Layoff Tracker: Microsoft Cuts More Staff, Report Says
Second quarter layoffs continue apace after more than 136,000 employees were cut by major U.S. companies in the first quarter of 2023.
cross-posted from: https://lemdro.id/post/126296
Microsoft reportedly let go of 1,000 employees over the past week in addition to the 10,000 it cut earlier this year, while Minnesota-based healthcare organization Allina Health announced plans to lay off nearly 350 employees, making them the latest U.S. companies to conduct layoffs this year as recession fears continue to push employers to make cuts...
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Meanwhile, record profits...
Not surprising, but it's always such a contrast to stock performance.
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