Microsoft, Amazon, Other Tech Firms Cut Jobs at Second-Highest Pace on Record in US | Technology News

Microsoft, Amazon, Other Tech Firms Cut Jobs at Second-Highest Pace on Record in US Layoffs in the United States hit a more than two-year high in January as technology firms cut jobs at the second-highest pace on record to brace for a possible recession, a report showed on Thursday. The layoffs impacted 1,02,943 workers, a more than two-fold jump from December and an over five-times surge from a year earlier, according to the report from employment f...