Microsoft Announces Layoffs Despite Record Third Quarter
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#fd36e319 ver:0.29

Despite a record third quarter, Microsoft plans to lay off 1,000 employees, including its Mixed Reality group, due to increased expenses. Tech layoffs are at their highest since the 2001 dot-com crash, with over 50,000 positions slashed this year. The job market for tech workers remains competitive, with many turning to LinkedIn and support communities like Xoogler for help. The tech industry's instability has eroded its appeal, leading workers to question if it's still a 'dream job'. In contrast, in-office salaries are surging, reflecting the demand for physical presence. SpaceX is accused of using illegal severance agreements, highlighting challenges faced by laid-off tech workers. #TechLayoffs #JobMarket #TechIndustry #Innovation...

#newstr #Microsoft #Layoffs #TechIndustry #Ai #JobCuts #CeoPay 

 https://here.news/story/fd36e319?ver=0.29