Global layoff spree: Microsoft, Amazon, Burberry among firms cutting thousands of jobs
Sunday, 18 May 2025 ()
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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