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Microsoft Could Announce Thousands of Layoffs Later Today

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Over 10,000 employees could suddenly lose their jobs.
Microsoft is reportedly going to cut around 5% of its workforce, which makes up over 10,000 employees, later today. Bloomberg reports that the company is set to rid itself of thousands of jobs in a number of engineering divisions.
The announcements will be made later today, Wednesday the 18th of January, it is expected, though we aren’t going to be sure of the scale of the cuts until Microsoft reveals them.

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