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The biggest came from Facebook and Instagram parent company Meta, which laid off roughly 11,000 employees in November. Azure, Webxt, etc? But that's just not how it works anymore. What Microsoft's Recent Layoffs Mean For The Company And Investors Some people may find a new job within a week, but other people may be out of work for months. My faith in God gives me hope. Microsoft (MSFT) Signals More Tech Layoffs in 2022 - Bloomberg Microsoft lays off nearly 1,000 employees - ABC News January 23Spotify will lay off 6% of its workforce (roughly 600 employees, based on the 9,800 full-time workers it had as of a September 30 filing) and shares of the firm rose more than 5% in early trading as investors continue to largely digest tech layoffs as positive news for bottom lines, while the companys chief content officer Dawn Ostroff will depart the company as part of the reorganization. Microsoft, like many other tech companies, recently announced plans to lay off 5% of staff. Plus, Microsoft admitted that the layoffs would cost the business about $1.2 billion in severance and other costs. Office consumer was also up 9 percent year over year, amid an increase in hybrid and remote work. https://www.cnbc.com/2022/10/18/microsoft-confirms-job-cuts-after-calling-for-growth-to-slow.html. Microsoft has announced some serious employee layoffs Pedestrians walk past a Microsoft Technology Center in New York, U.S., on Wednesday, July 22, 2020. Tech layoffs have run rampant in recent months. Mass layoffs are one of the more painful consequences of a looming economic recession, and the high-flying and well-funded tech industry isn't immune.