Microsoft Set To Lay Off Thousands Before Earning Reports!
By Tech Tudum
Microsoft is readying to cut more jobs from its global workforce.
Because Mircosoft continues paring headcount to ride out rough economic conditions.
Microsoft could announce layoffs in its engineering divisions as early as Wednesday.
Wedbush is expecting staff cuts of another 5-10% across the tech sector.
Amazon announced in early Jan that it plans to cut more than 18,000 jobs from its workforce.
Major platforms with an advertising-based business model are facing budget cuts from advertisers.
Meta announced the loss of 11,000 jobs, Salesforce announced 8,000 jobs and Twitter fired 7500 people.
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