Global layoff spree: Microsoft, Amazon, Burberry among firms...

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2025-05-18 08:59:09 -

Global layoff spree: Microsoft, Amazon, Burberry among firms cutting thousands of jobs

Global corporations, including Microsoft, Amazon, Panasonic, PwC, CrowdStrike, and Burberry, are implementing significant job cuts affecting thousands. Driven by structural overhauls, cost-cutting, and a focus on profitability, these layoffs signal an industry-wide shift towards leaner operations.

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