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  2. Microsoft to lay off hundreds at Azure cloud unit, Business ...

    www.aol.com/news/microsoft-lay-off-hundreds...

    The layoffs will impact teams including Azure for Operators and Mission Engineering, according to the report. The Azure for Operators layoffs involved as many as 1,500 job cuts, it added, citing ...

  3. Tech kicks off 2024 with a layoff bender as the industry ...

    www.aol.com/finance/tech-kicks-off-2024-layoff...

    Layoffs.fyi, a website that dutifully tracks job cutting, shows that 263,000 tech employees were cut in 2023 alone. Only 11 days into 2024, there have been 24 tech companies that have laid off a ...

  4. Other Google layoffs typically involve giving months notice, but YouTube Music workers were given 30 minutes to leave the office, according to Benedict. The union backs Benedict’s account.

  5. 2023–2024 video game industry layoffs - Wikipedia

    en.wikipedia.org/wiki/2023–2024_video_game...

    The video game industry layoffs are a part of the broader tech industry layoffs that began in 2023; [17] many such layoffs have been attributed to artificial intelligence, [18] although increased interest rates, reduced demand from consumers and excessive hiring during the COVID-19 pandemic have also been cited as causes. [17]

  6. Severance package - Wikipedia

    en.wikipedia.org/wiki/Severance_package

    Responding to the opposing side's documents and conducting examinations for discovery will likely involve another $3,500–$5,000. The preparation and presentation of your case at trial is likely to add another $5,000—$15,000 to your legal costs. [24] These legal expense is income tax deductible. [25]

  7. Job losses caused by the Great Recession - Wikipedia

    en.wikipedia.org/wiki/Job_losses_caused_by_the...

    September 2010 - 27,000 jobs lost (According to U.S. Labor Department, 64,000 private sector jobs are added but a net loss of 95,000 jobs are due to government layoffs) [7] [8] October 2010 - 220,000 jobs created (Private sector jobs net increase) November 2010 - 121,000 jobs created; December 2010 - 120,000 jobs created

  8. Layoffs soared 98% in 2023 with employers in cost-cutting mode

    www.aol.com/finance/layoffs-soared-98-2023...

    Scores of Americans had to brush up their CVs last year. In 2023, companies planned 721,677 job cuts, a 98% jump from 2022, according to a new report from professional outplacement firm Challenger ...

  9. Layoff - Wikipedia

    en.wikipedia.org/wiki/Layoff

    Layoffs have remained the greatest way for a company to cut costs. Although from the employer's perspective a layoff is beneficial for the business , layoffs create an uncertainty in the workplace environment and lowers other employees' job security as well as creates an apprehension and fear of termination for the remaining employees, and ...