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Microsoft looking to remove 60,000 jobs, ~25% of the company (www.reuters.com)
submitted 2 days ago* (last edited 22 hours ago) by to c/technology@lemmy.world
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cross-posted from: https://lemmy.zip/post/73939581

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[–] 3 points 1 day ago* (last edited 1 day ago) (1 child)

New products take a long time to plan, develop, and launch at large companies like Microsoft. Laying off 60k employees is quite a bump in quarterly profits.

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