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Amazon layoffs signal more pain for tech sector

By Nivedita Balu

Jan 6 2023 9:08AM

Recession fears mount.

Amazon layoffs signal more pain for tech sector

Massive job cuts by Amazon.com, one of the biggest private employers in the United States, show the wave of layoff sweeping through the tech sector could stretch into 2023 as companies rush to cut costs, analysts said. As a demand boom during the pandemic rapidly turns into bust, tech companies ...

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